Annovis Bio Files Provisional Patent for New Manufacturing Process of Crystalline Form of Buntanetap
27 Giugno 2024 - 2:00PM
via IBN – Annovis Bio Inc. (NYSE: ANVS) (“Annovis” or the
“Company”), a late-stage clinical drug platform company pioneering
transformative therapies for neurodegenerative disorders such as
Alzheimer’s Disease (AD) and Parkinson’s Disease (PD), announced
today the filing of a provisional patent covering the manufacturing
process of new solid forms of buntanetap.
This patent encompasses the methods for manufacturing the new
crystalline form of buntanetap (CAS# 3032752-92-1), which has
demonstrated exceptional stability and efficacy. The patent also
covers the entire synthesis process, from basic starting materials
to finished (>99.9% pure) GMP product, suitable for
manufacturing scale at ton quantities. The new process offers
significant benefits, including excellent yields, the avoidance of
potentially genotoxic reagents, and a purer product. The CMC
protocol was submitted to the FDA and will be discussed in July,
with the goal of continuing development of our drug and filing the
NDA with the new crystal form.
“As we continue to advance our pipeline, securing our
manufacturing rights for new forms of buntanetap is vital. This
ensures we maintain control over the production process, protect
our intellectual property, and continue our mission to deliver
novel therapeutics for patients suffering from neurodegenerative
disorders,” said Michael Christie, Ph.D., Vice President of Process
Chemistry at Annovis.
About BuntanetapBuntanetap (formerly known as
Posiphen or ANVS401) targets neurodegeneration by inhibiting the
formation of multiple neurotoxic proteins, including amyloid beta,
tau, alpha-synuclein, and TDP43. This improves synaptic
transmission, axonal transport, and reduces neuroinflammation.
Dysregulation of these pathways has been shown to cause nerve cell
degeneration and ultimately nerve cell death. By targeting these
pathways, buntanetap has the potential to reverse neurodegeneration
in Alzheimer’s, Parkinson’s, and other neurodegenerative diseases,
thereby aiming to restore brain function and improve the quality of
life for patients.
About Annovis Bio, Inc.Headquartered in
Malvern, Pennsylvania, Annovis Bio Inc. is dedicated to addressing
neurodegeneration in diseases such as AD and PD. The company’s
innovative approach targets multiple neurotoxic proteins, aiming to
restore brain function and improve the quality of life for
patients. For more information, visit www.annovisbio.com and follow
us on LinkedIn, YouTube, and X.
Interested investors and shareholders are encouraged to sign up
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Forward-Looking StatementsThis press release
contains "forward-looking" statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. These statements
include, but are not limited to, the Company's plans related to
clinical trials. Forward-looking statements are based on current
expectations and assumptions and are subject to risks and
uncertainties that could cause actual results to differ materially
from those projected. Such risks and uncertainties include, but are
not limited to, those related to patient enrollment, the
effectiveness of Buntanetap, and the timing, effectiveness, and
anticipated results of the Company's clinical trials evaluating the
efficacy, safety, and tolerability of Buntanetap. Additional risk
factors are detailed in the Company's periodic filings with the
SEC, including those listed in the "Risk Factors" section of the
Company's Annual Report on Form 10-K and Quarterly Reports on Form
10-Q. All forward-looking statements in this press release are
based on information available to the Company as of the date of
this release. The Company expressly disclaims any obligation to
update or revise its forward-looking statements, whether as a
result of new information, future events, or otherwise, except as
required by law.
ContactsAnnovis Bio, Inc. 101 Lindenwood Drive
Suite 225 Malvern, PA 19355 www.annovisbio.com
Investor Contact Scott McGowan
InvestorBrandNetwork (IBN) Phone: 310.299.1717 IR@annovisbio.com
Investor Website
Grafico Azioni Annovis Bio (AMEX:ANVS)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni Annovis Bio (AMEX:ANVS)
Storico
Da Gen 2024 a Gen 2025