Filing patents to protect a company's intellectual properties is a paramount step. It ensures that competitors could not trump you and stop your R&D abruptly, wasting all those time and money thus far. PYC had suffered a major setback before, losing an opportunity of a drug worth US$10b /year because a very large pharma had beaten PYC to the mark and filed the patent first.
Therefore filing a patent is a precursor to announcing a new drug. It deserves a separate thread so any news could be announced and discussed here.
PYC has just filed another 2 patents on 29/11/2023! These are on the treatment of monogenic neurodevelopmental disorders.
They could be for the drug already announced for treating Phelan McDermid Syndrome. However, there is always a chance that they might be for a new drug.
Last time they filed a patent on treatment of kidney disease in 09/2023, they then announced the PKD Polycystic Kidney Disease drug a month later. In fact I broke the news of the PKD drug before PYC did. See my Post #: 70256301 "PYC 4th New Drug for Polycystic Kidney Disease".
If this is a typical timeline, we could be in for a surprise this month or next in 01/2024. We are waiting with a bated breath!
- Forums
- ASX - By Stock
- PYC
- PYC Filed Another Patent
PYC
pyc therapeutics limited
Add to My Watchlist
3.03%
!
$1.28

PYC Filed Another Patent
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$1.28 |
Change
-0.040(3.03%) |
Mkt cap ! $746.5M |
Open | High | Low | Value | Volume |
$1.32 | $1.35 | $1.28 | $764.7K | 579.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | $1.28 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.30 | 40248 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4000 | 1.275 |
1 | 13987 | 1.265 |
2 | 16060 | 1.260 |
1 | 12000 | 1.255 |
2 | 2800 | 1.250 |
Price($) | Vol. | No. |
---|---|---|
1.300 | 40248 | 3 |
1.330 | 5000 | 1 |
1.345 | 53113 | 2 |
1.350 | 22000 | 2 |
1.360 | 5958 | 1 |
Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
Featured News
PYC (ASX) Chart |
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Dr Michael Thurn, CEO & MD
Dr Michael Thurn
CEO & MD
SPONSORED BY The Market Online