Indaptus Therapeutics (INDP) Receives Notice of Allowance for Strategic Patent
- S&P 500, Nasdaq close lower as traders cash in on latest megacap rally
- AI boom could continue to drive S&P 500 higher - Goldman
- Amazon reportedly eyes ad-tier of Prime Video streaming service: WSJ
- Deutsche Bank, Wells Fargo expect US recession to start in Q4 2023
- Artificial Intelligence Won't Lead to 'Holy Grail' of Stock Market Predicting, Say Experts
Get Alerts INDP Hot Sheet
Join SI Premium – FREE
Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.
Indaptus Therapeutics, Inc. (Nasdaq: INDP) ("Indaptus" or the "Company”), today announced that the United States Patent and Trademark Office has issued a notice of allowance for claims related to the Company’s platform technology.
The patent, titled, “Methods of Treatment of Infections Using Bacteria,” (Application No. 16/584,644) provides broad protection for the application of the Company’s platform technology alone and in combination with standards of care for the treatment and inhibition of hepatitis B virus (HBV) and human immunodeficiency virus (HIV) infections.
“We are delighted to expand our growing patent estate and this notice of allowance provides further validation of the novel approach of our Indaptus platform technology as it relates to viral infections,” said Dr. Michael Newman, Founder and Chief Scientific Officer of Indaptus Therapeutics.
“This notice of allowance gives us the optionality to confidently pursue our technology in viral diseases and/or to partner it for further development,” said Jeffrey Meckler, Chief Executive Officer of Indaptus Therapeutics.
The Indaptus pipeline is rooted in the hypothesis that highly efficient anti-tumor or anti-viral immunotherapy will require safe activation of both innate and adaptive immunity in both tumors or sites of infection, as well as immune organs, and that this might be achieved with a multi-targeted package of bacterial immune system activators, in the form of attenuated, killed and intact, non-pathogenic bacteria delivered intravenously.
Single agent therapeutics derived from the Indaptus platform have produced significantly broader activity than standard of care treatment in a pre-clinical model of chronic hepatitis B infection, as well as single agent activity against chronic HIV infection in a pre-clinical humanized mouse model.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Healthcare Triangle (HCTI) Receives Nasdaq Delisting Notice; Appeals Determination
- Viant Technology Inc. (DSP) on watch on merger rumors
- Flotek Industries (FTK) Appoints Ryan Ezell as CEO
Create E-mail Alert Related CategoriesCorporate News, Litigation
Related EntitiesDefinitive Agreement
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!