Workflow
Ocean Biomedical, Inc. (NASDAQ: OCEA) Announces Patent Issued for PfGARP Malaria Antibodies Central to Company's Malaria Treatment and Prevention Platforms
Ocean BiomedicalOcean Biomedical(US:OCEA) GlobeNewswire News Roomยท2024-08-27 12:01

Core Insights - Ocean Biomedical has received a key U.S. patent for a malaria therapeutic antibody targeting PfGARP, developed by Dr. Jonathan Kurtis, which could lead to new treatment options for malaria [1][3][8] Company Developments - The patent adds to Ocean Biomedical's portfolio of over 60 patents aimed at addressing major unmet medical needs in infectious diseases, oncology, and fibrosis, supported by over $125 million in grants [2] - The company is developing a powerful vaccine candidate for long-term malaria prevention, a therapeutic antibody for short-term prevention, and a small molecule drug for treating severe malaria [1][4] Scientific Insights - Dr. Kurtis' approach induces programmed cell death in malaria parasites, addressing the growing resistance of common malaria strains to current Artemisinin-based treatments [3][5] - The research highlights the urgent need for new anti-malarial drugs as malaria remains a leading cause of death among children, with approximately 627,000 fatalities reported in 2022 [5] Leadership Perspectives - Company leadership emphasizes the importance of Dr. Kurtis' discoveries in developing new treatment options that could save hundreds of thousands of lives, showcasing the innovative model and partnerships with research institutions [7][8]