Silo Pharma (SILO) Announces Expansion of Intellectual Property Portfolio
Get Alerts SILO Hot Sheet
Join SI Premium – FREE
Silo Pharma, Inc. (Nasdaq: SILO) (“the Company”), a developmental stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research, today announced that the U.S. Patent and Trademark Office (USPTO) today issued U.S. Patent 11,491,120, titled “Pharmacological Prophylactics Against Stress-Induced Affective Disorders In Females.” The allowed claims protect the use of portfolio drug SPC-15 in a method of treating stress-induced affective disorders including anxiety and post-traumatic stress disorder (PTSD).
“After a comprehensive review by USPTO, we are pleased with the scope of the granted claims offering further protection for our novel SPC-15 technology and its market potential for anxiety, PTSD, and related disorders,” said Eric Weisblum, Chief Executive Officer
Through its commercial evaluation license agreement with Columbia University, the Company holds an option to license certain assets currently under development by Columbia, including potential treatments for stress-induced affective disorders and Alzheimer’s disease.
SPC-15 is a targeted prophylactic using ketamine compositions as a method of treatment and prevention for stress-induced affective disorders including PTSD. The treatment predicts levels of severity or progression of such disorders and their metabolomic biomarkers’ response to pharmacological treatments.
With the patent announced today, the Company expands its intellectual property and technology rights for the treatment of rare diseases,
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Silo Pharma Announces Positive Results for Intranasal PTSD Treatment
- Nanometrics (NANO) Issues Business Update, Reports FY23 Results
- Boeing (BA) Statement on U.S. Air Force Collaborative Combat Aircraft Announcement
Create E-mail Alert Related Categories
Corporate News, LitigationSign 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!