Concert Pharmaceuticals Announces Notice of Allowance for U.S. Patent Application Related to CTP-543, Lead Candidate for Treatment of Alopecia Areata
Concert Pharmaceuticals, Inc. (CNCE)
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Source: Business Wire
Claims cover pharmaceutical compositions of CTP-543 and methods of treating alopecia areata with CTP-543New patent expected to expire in 2037Concert expects to advance CTP-543 into Phase 3 evaluation for alopecia areata in 2020 LEXINGTON, Mass.--(BUSINESS WIRE)--Concert Pharmaceuticals, Inc. (NASDAQ: CNCE) today announced that it has received a Notice of Allowance from the U.S. Patent and Trademark Office for patent application No. 16/098,338 related to CTP-543, the Company’s investigational treatment for alopecia areata. The patent, which is expected to expire in 2037, covers pharmaceutical compositions of CTP-543 and methods of treating alopecia areata with CTP-543. The Company intends to conduct an end of Phase 2 meeting with the U.S. Food and Drug Administration (FDA) and advance CTP-543 into Phase 3 evaluation in 2020.“Concert is pursuing multiple avenues for securing its patent position for CTP-543. Importantly, this patent covers the clinical doses of CTP-543 that produced t
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