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Further PolyXen Technology Patent
Further PolyXen Technology Patent
21 June 2010
PolyXen® patent family strengthened and extended into
2025
Lipoxen plc (AIM: LPX), a bio-pharmaceutical company
specialising in the development of high-value differentiated
biologicals, vaccines and siRNA delivery, announces today that its
monofunctional PSA PolyXen technology grant has been allowed. The
patent extends the PolyXen® technology patent family in the US
giving both Lipoxen and its license partners additional patent
protection into 2025.
The monofunctional PSA technology is similar to Lipoxen's other
PolyXen® technologies as it enables the attachment of polysialic
acid (PSA, a polymer occurring naturally in humans) to a
therapeutic protein, thereby extending its active life. This
process is known as polysialylation and improves drug performance
and longer circulation time of the drug in the body. The resulting
conjugate molecules are biodegradable, non-immunogenic and
non-toxic, and therefore are expected to avoid the toxicity
attributed to other methods of extending active life, such as the
use of polyethylene glycol in PEGylated protein drug
candidates.
Importantly, this new patent means that Lipoxen's PolyXen®
patent family now covers the creation of therapeutic conjugates
utilising both the reducing end, as well as the non-reducing end,
such methodologies having been shown in tests completed prior to
both pre-clinical studies and clinical trials to avoid the problem
of side product contamination.
Commenting on this announcement, Scott Maguire, CEO
said:
"This new PolyXen® technology patent will protect
Lipoxen's novel polysialylationtechnology into 2025. By applying
this novel technology to its partners' therapeutic proteins, it is
in the unique position delivering the benefits of polysialylation
such as extending its active life plus the advantage of avoiding
final product contamination. This forms an important part of
Lipoxen's strategy to build its patent portfolio and secure long
term value in the US, world's largest pharmaceutical
market."
Enquiries:
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Lipoxen plc
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+44 (0)20 7389 5015
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M. Scott Maguire, Chief Executive Officer
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Singer Capital Markets (nominated adviser)
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+44 (0)20 3205 7500
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Jeff Keating / Claes Spång
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Buchanan Communications
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+44 (0)20 7466 5000
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Lisa Baderoon / Catherine Breen
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