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Focus Graphite Secures Up to $300K in IPON Funding to Advance Patent-Pending Battery Technology
Newsfile· 2025-09-22 09:00
Core Insights - Focus Graphite Inc. has secured up to $300,000 in non-dilutive funding through the Intellectual Property Ontario (IPON) program to advance its patent-pending silicon-enhanced battery technology and materials portfolio [2][3][4] Funding and Support - Under Tier 2 of the IPON program, the company can access up to $100,000 per year, with a total cap of $300,000, covering up to 80% of eligible costs related to patent and trademark services [3][6] - The funding will support costs associated with patent drafting, prosecution, trademark registration, and commercialization benchmarking [3][4] Intellectual Property Strategy - Focus Graphite is advancing its patent-pending technology for protection in key jurisdictions including Canada, the United States, Europe, and Korea [4] - The company is collaborating with MBM Intellectual Property Law to expand its international IP footprint and support future trademark registrations and branding strategies [4][5] Market Applications - The silicon-enhanced graphite technology is positioned for both commercial and defense markets, with applications in electric mobility, grid-scale storage, and military systems [5][8] - The company is pursuing partnerships with NATO, the Government of Canada, and the U.S. Department of Defense for procurement and licensing opportunities [5][8] Company Overview - Focus Graphite operates two 100% owned graphite projects, including the Lac Knife project, which is recognized as one of the most advanced high-purity graphite deposits in North America [8][9] - The company emphasizes environmentally sustainable processing solutions and innovative battery technologies, aiming to reduce dependence on foreign-controlled markets [10]
Grace Therapeutics Granted Sixth U.S. Patent Covering I.V. Dosing Regimen for GTx-104
Globenewswire· 2025-09-18 12:30
Core Viewpoint - Grace Therapeutics has received a new method of use patent for GTx-104, extending its intellectual property protection until 2043, which enhances the company's market exclusivity and potential value for shareholders [2][3][4]. Intellectual Property and Patent Protection - The U.S. Patent and Trademark Office issued U.S. Patent No. 12,414,943 for the dosing regimen of GTx-104, which is used in the Phase 3 STRIVE-ON safety trial [2]. - Grace Therapeutics has established a multi-layered intellectual property estate for GTx-104, including five patents on the composition of nimodipine, providing protection until 2037 [3]. - The new patent on the I.V. dosing regimen strengthens the company's intellectual property position and extends protection to 2043 [3]. Clinical Trial Insights - The STRIVE-ON safety trial involved 50 patients receiving GTx-104 and 52 patients receiving oral nimodipine, with GTx-104 showing a 19% reduction in clinically significant hypotension incidents compared to oral nimodipine (28% vs. 35%) [5]. - Patients receiving GTx-104 had a relative dose intensity (RDI) of 95% or higher in 54% of cases, compared to only 8% for oral nimodipine [5]. - GTx-104 demonstrated fewer ICU readmissions, ICU days, and ventilator days compared to oral nimodipine, with adverse events being comparable between both treatment arms [5]. Product Overview - GTx-104 is a novel injectable formulation of nimodipine developed for I.V. infusion in patients with aSAH, addressing significant unmet medical needs [7][9]. - The unique nanoparticle technology of GTx-104 allows for a standard peripheral I.V. infusion, potentially eliminating the need for nasogastric tube administration in unconscious or dysphagic patients [8]. - GTx-104 has been administered to over 200 patients and healthy volunteers, showing well-tolerated results with lower pharmacokinetic variability compared to oral nimodipine [8]. Market Exclusivity - GTx-104 has received Orphan Drug Designation from the FDA, granting it seven years of marketing exclusivity in the U.S. upon FDA approval of the New Drug Application (NDA) [3][9].
Tenax Therapeutics Announces European Patent Office Intention to Grant Patent Covering Use of Levosimendan in PH-HFpEF
Globenewswire· 2025-09-16 11:00
Core Insights - Tenax Therapeutics has received an Intention to Grant notification from the European Patent Office for a patent that will protect TNX-103 (oral levosimendan) and other formulations for treating pulmonary hypertension with heart failure with preserved ejection fraction (PH-HFpEF) until at least December 2040 [1][2] - The patent will cover various routes of administration and a wide range of doses, as well as the use of levosimendan in combination with other cardiovascular drugs [2][3] - This patent is crucial as the company prepares to initiate its second registrational Phase 3 study, LEVEL-2, which will recruit patients across Europe [2][4] Company Overview - Tenax Therapeutics is a Phase 3, development-stage pharmaceutical company focused on developing novel cardiopulmonary therapies [4] - The company holds global rights to develop and commercialize levosimendan, targeting PH-HFpEF, which is the most prevalent form of pulmonary hypertension globally [4] - Levosimendan has received market authorization in 60 countries for treating acutely decompensated heart failure, although it is not available in the U.S. or Canada [3]
Globus Medical, Inc. Secures Jury Verdict in Delaware Patent Litigation Against Life Spine, Inc.
Globenewswire· 2025-08-28 20:30
Core Viewpoint - Globus Medical, Inc. has won a patent infringement case against Life Spine, Inc., affirming the strength of its intellectual property and innovation in expandable spinal fusion implants [1][2][3] Group 1: Legal Outcome - A Delaware jury found that Life Spine's Prolift family of implants infringed several claims of a valid Globus patent [2] - The jury awarded Globus both lost profits and reasonable royalty damages [2] Group 2: Company Statements - The CEO of Globus expressed satisfaction with the jury's decision, highlighting the company's role as a leading innovator in the musculoskeletal field [3] - The company is committed to protecting its intellectual property and continues to focus on innovation that benefits patients globally [3] Group 3: Ongoing Litigation - Globus has a separate patent infringement litigation pending against Alphatec, Inc. involving expandable implant and retractor technology [3] Group 4: Company Overview - Globus Medical, Inc. is dedicated to solving unmet clinical needs and advancing care in various areas including spine, orthopedic trauma, and joint reconstruction [4]
Unicycive Therapeutics Granted New U.S. Patent for UNI-494 to Treat Chronic Kidney Disease
Globenewswire· 2025-08-18 11:05
Company Overview - Unicycive Therapeutics, Inc. is a clinical-stage biotechnology company focused on developing therapies for kidney diseases [5] - The company's lead investigational treatment is oxylanthanum carbonate, aimed at treating hyperphosphatemia in chronic kidney disease patients on dialysis [5] - The second investigational drug, UNI-494, is intended for treating conditions related to acute kidney injury and has received orphan drug designation from the FDA for preventing Delayed Graft Function in kidney transplant patients [5] Intellectual Property - The U.S. Patent and Trademark Office has issued U.S. Patent 12,377,082 for UNI-494, ensuring intellectual property protection until 2040 [1] - This patent complements an earlier method of use patent for UNI-494 in treating Acute Kidney Injury [1] - The patent portfolio for UNI-494 supports potential partnership opportunities and future development efforts [2] Product Development - UNI-494 is a novel nicotinamide ester derivative that acts as a selective ATP-sensitive mitochondrial potassium channel activator, addressing mitochondrial dysfunction in kidney diseases [3] - The drug has completed a Phase 1 dose-ranging safety study in healthy volunteers [3] - The company is currently focused on seeking FDA approval for its lead product, oxylanthanum carbonate [2] Acute Kidney Injury Context - Acute kidney injury (AKI) is characterized by a sudden loss of kidney function, with primary causes including sepsis, ischemia, and drug-induced nephrotoxicity [4] - AKI affects 20-200 per million in the community, 7-18% of hospitalized patients, and approximately 50% of ICU patients [4] - An estimated 2 million people die from AKI globally each year, with survivors at increased risk for chronic kidney disease and end-stage renal disease [4]
Birchtech Reports Second Quarter 2025 Financial Results
Globenewswire· 2025-08-14 20:05
Core Insights - Birchtech Corp. reported second quarter 2025 revenues of $3.3 million, slightly down from $3.4 million in the same quarter last year, primarily due to operational challenges [9] - The company is focusing on growth in its water treatment business, with expected initial sales in the second half of 2025 [5][6] - Management emphasized the importance of protecting intellectual property and leveraging governmental support for the coal sector to drive growth in the air business [4][6] Financial Performance - Gross profit for the second quarter was $1.0 million, representing 29.8% of total revenues, down from 31.6% in the prior year [10] - Operating expenses decreased significantly, with SG&A expenses at approximately $1.7 million compared to $4.6 million in the same quarter last year [11] - The net loss improved to $1.5 million, or ($0.02) per share, compared to a net loss of $6.2 million, or ($0.07) per share in the same quarter last year [13] Strategic Developments - The company appointed Dr. David Mazyck as Executive Director of Innovation and Commercialization to enhance its water treatment technology development [8] - Birchtech is pursuing a listing on a major U.S. exchange by year-end to enhance its capital market presence [6] - The company is actively engaging in patent defense and licensing agreements to bolster its air business revenue, with a projected annual revenue run-rate of at least $40 million by the end of 2026 [8][6]
scPharmaceuticals Receives Notice of Allowances of Multiple US Patent Applications Covering SCP-111
Globenewswire· 2025-08-14 12:30
Core Insights - scPharmaceuticals Inc. has received five Notices of Allowance from the USPTO for patent applications related to its furosemide formulation, SCP-111, which is expected to have a supplemental NDA filed this quarter [1][2] - The additional patent protection is seen as a strategic achievement that enhances the company's intellectual property portfolio and supports the development of next-generation formulations [2] Company Overview - scPharmaceuticals is focused on advancing cardiorenal care through innovative treatments that address unmet patient needs [3] - The company's mission includes becoming a leading advocate for patient-centric cardiorenal care and improving global health through specialized approaches [4]
Safe Pro Group Advances its AI Patent Protection Internationally, Receiving Publication Notifications in Australia, Israel, and European Region
Globenewswire· 2025-08-07 12:07
Core Viewpoint - Safe Pro Group Inc. is advancing its AI-powered computer vision technology for explosive threat detection, with recent patent applications published in Australia, Israel, and Europe, enhancing its global intellectual property protection strategy [2][4]. Group 1: Technology and Innovation - The company’s AI-powered technology has analyzed over 1.78 million drone images and identified more than 31,600 explosive threats across 7,819 hectares in Ukraine, showcasing its effectiveness in real-world applications [6]. - Safe Pro's patented Safe Pro Object Threat Detection (SPOTD) technology can detect over 150 types of small explosive threats, including landmines and unexploded ordnance, addressing a significant global challenge as nearly 60 countries are affected by landmines [5][6]. Group 2: Intellectual Property and Market Position - The publication of international patent applications under the Patent Cooperation Treaty (PCT) is a strategic move to secure exclusive rights to its technology, signaling to competitors the potential for infringement liabilities [2][4]. - The company’s existing US Patent No. 12,146,729, valid until 2043, covers autonomous detection and identification of explosives using AI, indicating the innovative nature of its technology [4]. Group 3: Industry Context and Challenges - The global landmine crisis is escalating, particularly as more European nations consider withdrawing from the Ottawa Convention, which could lead to increased threats to armed forces and allies [3]. - The company is actively pursuing global protection of its intellectual property to address the growing challenges posed by landmines and other explosive threats [3].
Evoke Pharma Announces Issuance of New U.S. Patent for GIMOTI With Extended Exclusivity to Late 2038
Globenewswire· 2025-08-06 10:30
Core Points - Evoke Pharma, Inc. has received a new U.S. patent for GIMOTI, extending market exclusivity to November 2038, which is nearly two years longer than the previous expiration date of December 2036 [1][2] - The patent covers the use of intranasal metoclopramide for treating moderate to severe symptoms of gastroparesis, enhancing the company's intellectual property position [3][2] - The company is committed to supporting the gastroparesis community and recognizes Gastroparesis Awareness Month in August [4] Company Overview - Evoke Pharma is a specialty pharmaceutical company focused on developing treatments for gastrointestinal disorders, specifically through its product GIMOTI, a nasal spray formulation of metoclopramide [5] - GIMOTI is the only FDA-approved drug in the U.S. for treating diabetic gastroparesis, a condition that affects millions globally and can lead to serious gastrointestinal symptoms [6] Product Information - GIMOTI is indicated for the relief of symptoms in adults with acute and recurrent diabetic gastroparesis, providing a non-oral treatment option for patients [7][6] - The patent's claims specifically address methods of treating gastroparesis symptoms through intranasal administration of metoclopramide [3]
Cerence AI Files Complaint with the International Trade Commission against Sony and TCL
GlobeNewswire News Room· 2025-08-04 12:00
Core Viewpoint - Cerence Inc. has filed a complaint against Sony Group Corporation and TCL Technology Group Corporation to protect its intellectual property rights related to voice technology patents, seeking to block the importation of infringing products into the United States [1][2]. Group 1: Legal Actions - The complaint was filed with the United States International Trade Commission (ITC) under Section 337 of the Tariff Act of 1930, requesting a limited exclusion order for certain smart televisions [2]. - Cerence has also initiated district court actions in the United States District Court for the Eastern District of Texas to seek damages for the infringement [1]. Group 2: Company Position - The company emphasizes the importance of IP enforcement as a strategic imperative to protect its technology, customers, and investments [3]. - Cerence has developed a robust portfolio of patented technologies through continuous innovation and technical excellence [2]. Group 3: Company Overview - Cerence Inc. is a leader in creating AI-powered user experiences in the automotive and transportation sectors, with over 525 million cars equipped with its technology [4]. - The company is headquartered in Burlington, Massachusetts, and collaborates with leading automakers and technology firms to enhance user experiences [4].