Paratek Pharmaceuticals Files Two Patent Term Extensions in the United States; Expects NUZYRA™ Patent Protection Exclusivity Until at Least October 2030
Paratek Pharmaceuticals, Inc. (PRTK)
Last paratek pharmaceuticals, inc. earnings: 2/25 04:01 pm
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Source: GlobeNewswire
BOSTON, Dec. 03, 2018 (GLOBE NEWSWIRE) -- Paratek Pharmaceuticals, Inc. (Nasdaq: PRTK), a commercial-stage biopharmaceutical company focused on the development and commercialization of innovative therapeutics, today announced the Company filed two Patent Term Extension Requests with the U.S. Patent and Trademark Office. U.S. Patent No. 7,553,828, directed to composition of matter, is anticipated to be extended until May 2028, and U.S. Patent No. 9,265,740, directed to a method of treatment, is expected to be extended until October 2030. "Significantly lengthening NUZYRA’s exclusive commercial rights into at least 2030 in the United States will have substantial positive long-term impact on its commercial opportunity and builds on our broad and comprehensive protection for NUZYRA,” said Michael Bigham, Chairman and Chief Executive Officer, Paratek. “Our commercial team?is actively preparing for a NUZYRA launch in the U.S.?in February, and we are looking forward to bringing a compell
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