JERUSALEM--(BUSINESS WIRE)--Intec Pharma Ltd. (Nasdaq: NTEC), a clinical stage biopharmaceutical company focused on developing drugs based on its proprietary Accordion Pill™ platform technology, announces that the European Patent Office has granted a European patent for an Accordion Pill containing certain drugs, including the combination Carbidopa and Levodopa. The patent, granted under No. 2276473, is titled “Gastroretentive Drug Delivery for Carbidopa / Levodopa” and is currently scheduled to remain in force until April 2029. The patent belongs to the company’s IN-7 patent family, which already includes patents granted in the U.S.
“We continue to protect and build upon our solid intellectual property position for our versatile Accordion Pill platform technology,” noted Zeev Weiss, Chief Executive Officer of Intec Pharma. “This European patent is important as it protects key elements of our platform technology, and provides patent protection in Europe for our leading product, the Accordion Pill Carbidopa / Levodopa, currently in a global Phase III clinical trial in advanced Parkinson's disease.”
About Intec Pharma Ltd.
Intec Pharma Ltd. is a clinical stage biopharmaceutical company focused on developing drugs based on its proprietary Accordion Pill platform technology. The Company's Accordion Pill is an oral drug delivery system that is designed to improve the efficacy and safety of existing drugs and drugs in development by utilizing an efficient gastric retention and specific release mechanism. The Company's product pipeline currently includes three product candidates in clinical trial stages: Accordion Pill Carbidopa/Levodopa, or AP-CDLD, which is being developed for the treatment of Parkinson's disease symptoms in advanced Parkinson's disease patients, currently in Phase III; Accordion Pill Zaleplon, or AP-ZP, which is being developed for the treatment of insomnia, including sleep induction and sleep maintenance; and an Accordion Pill that is being developed for the prevention and treatment of gastroduodenal and small bowel ulcers induced by Nonsteroidal Anti-Inflammatory Drugs. In addition, an Accordion Pill for cannabinoid therapies (AP-CBD/THC) will enter Phase I clinical trial in the first quarter of 2017.
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