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Stock impact report

Biodexa Announces Allowance of U.S. Patent Covering Tolimidone [Yahoo! Finance]

Biodexa Pharmaceuticals plc - American Depositary Shares (BDRX) 
Company Research Source: Yahoo! Finance
Biodexa plans to initiate a Phase 2 clinical program of tolimidone in Type 1 diabetes, following several preclinical studies demonstrating its role in beta cell survival Safety profile established in prior human studies of more than 700 patients CARDIFF, United Kingdom, February 7, 2024 (GLOBE NEWSWIRE) -- Biodexa Pharmaceuticals PLC (“Biodexa” or the “Company”)(Nasdaq: BDRX), a clinical stage biopharmaceutical company developing a pipeline of innovative products for the treatment of diseases with unmet medical needs including Type 1 diabetes (“T1D”) and rare/orphan brain cancers, today announced that the U.S. Patent and Trademark Office allowed U.S. patent application No. 16/546,595 titled “Prevention of Pancreatic Cell Degeneration” which was exclusively licensed to Biodexa by Melior Pharmaceuticals, Inc., along with other patents, in a transaction which closed in December 2023. Stephen Stamp, CEO and CFO of Biodexa, commented “This soon-to-be-issued patent is expected to pro Show less Read more
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