Buy19 Sep 2023 11:00
Hello there Cashintime: Saw it in the RNS on Sep 13
As announced in March 2023, we successfully strengthened the patent portfolio of POLB 001 with another patent grant in the US, covering the use of certain p38 MAP kinase inhibitors for the treatment of hypercytokinaemia. Further to this, in January 2023 we filed patent applications for the use of POLB 001 in addressing the impact of CRS associated with CAR T cell therapy, as well as other oncology indications beyond CAR T. It is not unusual in the pharmaceutical industry for patents to be challenged. The Immunomodulators I European patent was opposed by an anonymous third party in September 2021. The European Patent Office's ("EPO") preliminary opinion on the opposition was received in March 2023, identifying a number of items to be discussed at a hearing set for November 2023. Based on specialist advice received, and the fact that the patent went through an extensive examination process prior to being granted by the EPO, Poolbeg continues to have full confidence in the validity and strength of the patent and will vigorously defend its intellectual property to the extent required.