Infectious disease pharmaceutical company Poolbeg Pharma updated the market on its intellectual property (IP) position around ‘POLB 001’ on Tuesday, which it described as a small molecule immunomodulator for the treatment of severe influenza.
The AIM-traded firm said the US Patent and Trademarks Office, after reviewing a patent application that was directed to the use of POLB 001 and its homologues for the treatment of hypercytokinemia, or ‘cytokine storm’, indicated that the main claim was allowable.
Poolbeg Pharma plc (LON:POLB) is a clinical stage infectious disease pharmaceutical company, with a novel capital light clinical model which enables us to develop multiple products faster and more cost effectively than the traditional biotech model.