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Patent update

6 Jul 2021 07:00

RNS Number : 2232E
ValiRx PLC
06 July 2021
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6 July 2021

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ValiRx PLC

("ValiRx", the "Company" or the "Group")

Patent Status Update

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London, UK - ValiRx plc ("ValiRx", AIM:VAL), a clinical stage drug development company, is pleased to report that its patent portfolio continued to build in the first half of 2021.

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2021 patent advances

Project

Patent Family

Patent Granted

Date Granted

Impact

VAL201

WO/2014/177868

Use of the peptide against metastases

EP2991662

(European)

June 2021

Extends protection for the use of VAL201 into metastatic cancer, grant allowance announced January 2021

VAL301

WO/2013/064830

Use of the peptide against non-cancerous proliferative conditions

IL232239

(Israel)

June 2021

Extends granted patent coverage into Israel for the use in the treatment of endometriosis, as well as other non-cancerous hormone-driven conditions

VAL401

WO/2015/169971

CN106456644

(China)

June 2021

The second Chinese patent granted for VAL401, extends the use into additional adenocarcinoma types

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The full patent portfolio for each project can be found on the project pages of the Company's website: https://www.valirx.com/our-pipeline

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Dr Suzy Dilly, Chief Executive Officer commented: "I'm pleased to provide this periodic report of progress throughout our patent portfolio. Expanding geographical and scientific protection for these programmes provides a strong commercial background to promote to potential partners. This incremental increase in protection of our intellectual property estate provides foundation for company valuation growth."

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This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. The Directors of the Company take responsibility for this announcement.

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Ends

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For further information please contact:

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ValiRx plc

Tel: +44 (0) 2476 796496

www.valirx.com

Suzanne Dilly, CEO

Suzanne.Dilly@valirx.com

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Cairn Financial Advisers LLP (Nominated Adviser)

Liam Murray / Jo Turner / Ludovico Lazzaretti

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Tel: +44 (0) 20 7213 0880

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Peterhouse Capital Limited (Sole Broker)

Duncan Vasey / Lucy Williams / Eran Zucker

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Tel: +44 (0) 20 7469 0930

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Optimum Strategic Communications

Supriya Mathur/ Shabnam Bashir

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Tel: +44 (0) 20 8148 3040

valirx@optimumcomms.com

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About ValiRx plc

ValiRx accelerates the development of treatments in oncology and women's health to improve patient lives. We provide the scientific, financial and commercial framework towards enabling rapid translation of innovative science into clinical development.

With our extensive and proven experience in research and drug development, we select and incubate promising novel drug candidates and guide them through an optimised process of development, from pre-clinical studies to clinic and investor-ready assets.

Integrating science and business

We connect diverse disciplines across scientific, technical and commercial domains, with the aim of achieving a more streamlined, less costly, drug development process. We work closely with our selected collaborators and leverage the combined expertise required for science to advance.

Lead candidates from our portfolio are out-licensed or partnered with investors through ValiRx subsidiary companies for further clinical development and commercialisation.Β https://www.valirx.com/

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MSCSSFFIIEFSESW
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