PYC 2.70% 19.0¢ pyc therapeutics limited

PYC Filed Another Patent

  1. 212 Posts.
    lightbulb Created with Sketch. 1923
    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!


    https://hotcopper.com.au/data/attachments/5781/5781890-f0d2385c3d913a1fd7dcd67b1b33ba55.jpg

    Last edited by Medicine Man: 01/12/23
 
watchlist Created with Sketch. Add PYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.