PAR 0.00% 25.5¢ paradigm biopharmaceuticals limited..

PATENT REJECTED BUT PAR SILENT

  1. 75 Posts.
    lightbulb Created with Sketch. 77
    Something is very wrong here. PR revved up the the importance of this patent in an ASX Announcement when it was filed, but now that they have received final rejection, there is dead silence. This rejection clearly meets the ASX criteria for materiality and full disclosure. If the Board no longer thinks this patent is important, it at least needs to tell us why. When the new CEO arrives, he/she needs to give first priority to improvement in communications to shareholders.

    UNITED STATESPATENT AND TRADEMARK OFFICE

    United States ofAmerica

    ApplicationNumber16/636,545

    Application Date 06.08.2018

    Applicants:Krishnan, Rennie

    Publication Number 20200246374

    Publication Date 06.08.2020

    TREATMENT OFBONE MARROW PATHOLOGIES WITH POLYSUFATED POLYSACCHARIDES

    US Patent office issued a FINALREJECTION NOTICE (per 35 USC § 112) & (35 USC § 103) on all 33 claims in USPatent 16/636.545.
    Examiner's conclusions:
    "Nothing novel & nothing patentable

    Prior Art” (noting inter alia Ghosh& Felson publications on the links between BMELs, pain and OA and that PPSis a disease-modifying drug for OA)

    Objections to specifications” (flawed claims)


 
watchlist Created with Sketch. Add PAR (ASX) to my watchlist
(20min delay)
Last
25.5¢
Change
0.000(0.00%)
Mkt cap ! $90.94M
Open High Low Value Volume
26.0¢ 27.0¢ 25.5¢ $143.3K 552.8K

Buyers (Bids)

No. Vol. Price($)
11 115056 25.5¢
 

Sellers (Offers)

Price($) Vol. No.
26.0¢ 31108 5
View Market Depth
Last trade - 15.25pm 30/07/2024 (20 minute delay) ?
PAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.