Suven Life Sciences secures patents for CNS drug in US and South Korea
The company was granted patents, which are valid through 2030, for a new chemical entity used in the treatment of disorders associated with neurodegenerative diseases
BS B2B Bureau B2B Connect | Hyderabad
With these new patents, Suven has a total of 19 granted patents from USA and 15 granted patents from South Korea. These granted patents are exclusive intellectual property of Suven and are achieved through the internal discovery research efforts. Products out of these inventions may be out-licensed at various phases of clinical development like at Phase-I or Phase-II.
“We are very pleased by the grant of these patents to Suven for our pipeline of molecules in CNS arena that are being developed for Major Depressive Disorder (MDD) with high unmet medical need with huge market potential globally,” said Venkat Jasti, CEO of Suven.
Suven Life Science is a biopharmaceutical company focused on discovering, developing and commercializing novel pharmaceutical products, which are CNS therapies through the use of GPCR targets. The company has twelve internally-discovered therapeutic drug candidates currently in pre-clinical stage of development targeting conditions such as ADHD, dementia, depression, Huntington's disease, Parkinson's disease and obesity in addition to developmental candidate SUVN-502 for Alzheimer's disease and Schizophrenia.
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First Published: Oct 14 2014 | 10:14 AM IST