Annovis Bio Secures U.S. Patent for Treatment of Acute Traumatic Brain Injury with Buntanetap
24 Julio 2024 - 7:00AM
via IBN – Annovis Bio Inc. (NYSE: ANVS) (“Annovis” or the
“Company”), a late-stage clinical drug platform company pioneering
transformative therapies for neurodegenerative disorders such as
Alzheimer’s disease (AD) and Parkinson’s disease (PD), announced
today the issuance of a U.S. patent for methods of treating acute
traumatic brain injuries (TBI) with its lead drug candidate,
buntanetap.
In 2016, the Company filed a patent covering the treatment of
various nerve insults, including TBI, stroke, and nerve and spinal
cord injuries. While these claims were granted in Europe and
worldwide, the U.S. Patent and Trademark Office (USPTO) required
the claims to be divided into individual patents for each
indication. Annovis Bio has now received U.S. Patent No.
12,042,482, which covers methods for treating TBI and preventing
nerve cell death with buntanetap.
“We are thrilled to achieve this significant milestone for
buntanetap,” said Maria Maccecchini, Ph.D., Founder, President, and
CEO of Annovis. “Nerve cell death is a common underlying factor in
many brain conditions, beyond just Alzheimer’s and Parkinson’s. Our
preclinical studies in TBI and stroke animal models have
demonstrated buntanetap’s efficacy in preventing cell death and
loss of function, and it is our duty to explore its potential
benefits for victims of brain trauma, a prevalent issue in the
U.S.”
This patent significantly strengthens Annovis Bio’s portfolio
which includes patents and patent applications covering the use of
buntanetap for acute and chronic neurodegenerative diseases as well
as mental illnesses. The Company's commitment to addressing a broad
range of neurodegenerative [MM1] disorders highlight its
innovative approach to restoring brain function and improving
patient outcomes.
About Buntanetap
Buntanetap (formerly known as Posiphen or ANVS401) targets
neurodegeneration by inhibiting the formation of multiple
neurotoxic proteins, including amyloid beta, tau, alpha-synuclein,
and TDP43. This improves synaptic transmission, axonal transport,
and reduces neuroinflammation. Dysregulation of these pathways has
been shown to cause nerve cell degeneration and ultimately nerve
cell death. By targeting these pathways, buntanetap has the
potential to reverse neurodegeneration in Alzheimer’s, Parkinson’s,
and other neurodegenerative diseases, thereby aiming to restore
brain function and improve the quality of life for patients.
About Annovis Bio, Inc.
Headquartered in Malvern, Pennsylvania, Annovis Bio Inc. is
dedicated to addressing neurodegeneration in diseases such as AD
and PD. The company’s innovative approach targets multiple
neurotoxic proteins, aiming to restore brain function and improve
the quality of life for patients. For more information, visit
www.annovisbio.com and follow us on LinkedIn, YouTube, and X.
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Forward-Looking Statements
This press release contains "forward-looking" statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These statements include, but are not limited to, the
Company's plans related to clinical trials. Forward-looking
statements are based on current expectations and assumptions and
are subject to risks and uncertainties that could cause actual
results to differ materially from those projected. Such risks and
uncertainties include, but are not limited to, those related to
patient enrollment, the effectiveness of Buntanetap, and the
timing, effectiveness, and anticipated results of the Company's
clinical trials evaluating the efficacy, safety, and tolerability
of Buntanetap. Additional risk factors are detailed in the
Company's periodic filings with the SEC, including those listed in
the "Risk Factors" section of the Company's Annual Report on Form
10-K and Quarterly Reports on Form 10-Q. All forward-looking
statements in this press release are based on information available
to the Company as of the date of this release. The Company
expressly disclaims any obligation to update or revise its
forward-looking statements, whether as a result of new information,
future events, or otherwise, except as required by law.
Contacts
Annovis Bio, Inc.101 Lindenwood DriveSuite 225Malvern, PA
19355www.annovisbio.com
Investor Contact
Scott McGowanInvestorBrandNetwork (IBN)Phone:
310.299.1717IR@annovisbio.comInvestor Website
Annovis Bio (AMEX:ANVS)
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Annovis Bio (AMEX:ANVS)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025