Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Ascension provides a positive update on its intellectual property portfolio

Ascension provides a positive update on its intellectual property portfolio

- Key patents granted by the European Patent Office -

LONDON, October 25, Ascension Healthcare plc (“Ascension” or the “Company”), a clinical stage biopharmaceutical company developing and commercialising nanolipid technologies for unmet medical needs, is pleased to announce that it has had two patents granted by the European Patent Office, expanding the utility of its important consumer healthcare technology platforms.

Patent EP 3316856 concerns the use of blends of lipid vesicles to which active molecules are attached. The vesicles are similar to Ascension’s market disrupting Sequessome Technology that is used in the unique biolubricating Flexiseq gel, but have additional functionality via the active molecules. The vesicles aid the deeper penetration of these molecules. Where it is not chemically possible to attach the active molecule to a vesicle, Patent EP 3316857 may be applied, which concerns the concept of using the passage of Sequessome vesicles into the skin to drag such molecules, which are free in the formulation, along with them, again enabling the deeper penetration of the active molecules. Formulations and vesicles carrying different molecules can be blended together to create topical formulations for a variety of medical and cosmetic conditions.

Richard Garraway, Director of Intellectual Property and Strategy Development noted:Having already had patents granted for one or both in the US, Mexico, Japan and Eurasia, we are delighted these patents have now also been granted in Europe. The additional functionality enabled by them provides a new pipeline of opportunity and applications for Ascension’s Consumer Health portfolio.

Biresh Roy, Chief Executive Officer, commented:Ascension continues to build value based upon the strength of its nanolipid platforms, both in its clinical stage haemophilia programmes and in marketed products such as Flexiseq, which is based on the technologies in these patents. These grants are further proof of the extraordinary science supporting all of our products and programmes.

For further information please contact:

Ascension Healthcare plc
Biresh Roy, Chief Executive Officer

Tel: +44 (0)20 7291 5400
[email protected]
Consilium Strategic Communications
(European Media and Investor Enquiries)
Lindsey Neville, Ashley Tapp

Tel: +44 (0)20 3709 5700
[email protected]



About Ascension Healthcare plc

Ascension Healthcare plc is a clinical-stage biopharmaceutical company focused on developing and commercialising innovative therapies for the treatment of haemophilia and osteoarthritis.

The Company has three products in clinical or pre-clinical development for the treatment of Haemophilia A and also a range of internationally marketed products for osteoarthritis sufferers.

For more information please visit: www.ascension.co.uk/


Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).