Nascent Biotech Inc. (NBIO)

[Billydakidd]

https://www.biospace.com/article/releases/nascent-biotech-earns-us-patent-for-crossing-blood-brain-barrier/


Nascent Biotech, Inc. (OTCQB:NBIO) ("Nascent Biotech", "Nascent", or the "Company"), a clinical-stage biotechnology Company pioneering the development of monoclonal antibodies targeting treatment of various cancers and viral infections, is excited to announce that the Company has officially received allowance for a "Method-of-Use" patent by the US Patent and Trademark Office ("USPTO") for their primary asset, Pritumumab ("PTB"). Specifically, the patent approval is related to PTB's ability to cross the Blood-Brain Barrier ("BBB").

The recent patent allowance recognizes PTB's ability to act as a monotherapy, as well as its potential to act as a conjugate, bringing other therapies across the BBB.

The blood-brain barrier is a semipermeable border of endothelial cells that act as a filtering mechanism for the capillaries that carry blood to the brain and spinal cord tissue, blocking the passage of certain substances from the circulatory system into the brain.

Nascent's senior management recognizes this patent approval as a landmark event for the Company's value proposition. The approval strengthens the Company's intellectual property position significantly by providing protection that extends well beyond the Company's Orphan Drug Designation.

"PTB has demonstrated value on a number of different levels, and its capacity to cross the blood-brain barrier is a key facet of that equation," remarked Nascent CEO, Sean Carrick. "On the heels of our success in collaboration with Syracuse University with regard to PTB's value in blocking viral cell entry, this new method-of-use patent is another major step that represents a significant expansion in potential market impact. We look forward to updating shareholders with additional details over the near term."