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 Filed Another Patent
Filing patents to protect a company's intellectual properties is...
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
10.0¢ |
Change
0.004(4.17%) |
Mkt cap ! $466.6M |
Open | High | Low | Value | Volume |
10.0¢ | 10.5¢ | 9.8¢ | $97.69K | 977.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 202267 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 314019 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 47114 | 0.098 |
1 | 57296 | 0.097 |
2 | 21282 | 0.094 |
1 | 350000 | 0.092 |
1 | 150000 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 294019 | 2 |
0.110 | 505349 | 2 |
0.115 | 1049713 | 7 |
0.120 | 2039122 | 8 |
0.125 | 820000 | 3 |
Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
|
|||||
Last
10.5¢ |
  |
Change
0.004 ( 8.81 %) |
|||
Open | High | Low | Volume | ||
10.0¢ | 10.5¢ | 9.8¢ | 219624 | ||
Last updated 15.59pm 10/05/2024 ? |
Featured News
PYC (ASX) Chart |