Enzolytics Inc (ENZC)

[foxi]

Thanks! & I want to point this out as well:

Now we know the NDAs are because of ENZC's international patent applications. This implies we won't be getting any more news with certain specifics, until the day such news drops, and that we'll likely be seeing PRs with vague and open-ended language that leaves room for speculation and multiple interpretations. This is a big change from the last couple years, where they more or less told us who they're working with & what they're working on. IMO this is nearly a worst-case scenario for ENZC's share price in the short and mid term. What do you think?

Maintenance of strict confidentiality is essential to preserving intellectual property rights (patent rights) which are now being sought and will be sought in the future. Premature disclosure of information can bar the right to seek patent protection at a later date. The Company is not able to share specific details regarding arrangements regarding these NDAs. (source page 19)

The reasons given in the company announcement make sense, but as an investor in the red that's incredibly frustrating to hear. I bolded where they're telling us directly how they intend to communicate.


There's also this:

As of August 19, 2022, the Company has three (3) pending Patent Cooperation Treaty (PCT) Patent applications covering its fullyhuman monoclonal antibodies targeting the CoronaVirus and HIV. Additional patent applications are being prepared to cover the numerous viruses against which the Company plans to produce monoclonal antibodies. (source page 18)

Quick disclaimer, the paragraph there only mentions mAbs (not ITV-1 which is already patented)

There is no "universal patent" that applies worldwide. Instead, there are treaties in place where countries work together to honor each other's patent processes. By following the PCT process, patents can take 30 months or more to get final approval in whatever countries.

If you want to file a patent application in five or more countries, consider a Patent Cooperation Treaty (PCT) application. This gives the applicant the right to seek action in countries that are members of the treaty for longer than the 12-month period outlined in the Paris Convention. The PCT application isn't a patent application itself. It just allows you to file a single patent application one time to flow through several countries. Within 30 to 31 months, you must file a patent application with each country's patent office.

Filing for a PCT application also gives you 18 to 19 months to decide which countries you want to apply for a patent in. (source)

Further reading here. https://www.fillun.com/pct-timeline

Can the share price weather potentially months of silence if we get vague and ambiguous (or no) PRs about mAbs, and stay anywhere near current levels? I think we're sure to see PPS drop lower if Charles keeps that muzzle on. We can certainly hope for positive announcements (audit, test results, start of clinical trials etc) and any successfully issued patents (and submitted applications?) along the way - but seeing our investments come to fruition may be a long play. If there's no news catalyst to take this higher, I'd imagine MMs who want to keep the market moving will take us lower. Real talk & I certainly hope the market proves me wrong.