Nicox Granted New Patent for NCX 4251 in Japan
Nicox SA announced that the Japanese Patent Office has granted a new patent expiring in 2040 covering the company’s product candidate NCX 4251. Patent JP.7021301 covers ophthalmic suspensions comprising a specific form of fluticasone propionate nanocrystals and the method for manufacturing the ophthalmic suspensions. It complements the recent granting of a patent from the same family in Europe. Corresponding patent applications are under examination in the United States (U.S.), China and other territories. “The strength and breadth of our patent coverage will have a significant impact on the potential future value of NCX 4251. As we plan to move forward with the development of NCX 4251 in dry eye disease, we are doing so with strong coverage already in place in Europe and Japan, and pending in the United States. We expect to partner NCX 4251 in Japan at an appropriate time and this patent grant increases the period during which we could potentially receive royalties on sales in this market,” said Gavin Spencer, Chief Business Officer of Nicox. NCX 4251 is already covered to 2033 by granted patents of another family in multiple countries including the United States, Europe, China and Japan. NCX 4251 is currently in development for dry eye disease in the United States. |
