JERUSALEM, January 3, 2018 /PRNewswire/ --Intec Pharma Ltd. (NASDAQ:NTEC) (TASE:NTEC), a clinical-stage biopharmaceutical company focused on developing drugs based on its proprietary Accordion Pill™ platform technology, today announced that the Canadian Intellectual Property Office has issued a Certificate of Grant of a Canadian patent No. 2,721,493. The patent, entitled "Carbidopa/Levodopa Gastroretentive Drug Delivery," broadly covers the Accordion Pill containing certain drugs, including the combination of Carbidopa and Levodopa and provides patent protection through April 2029. The patent belongs to the Company's IN-7 patent family, which already includes patents granted in the U.S., Europe, China, Japan, South Korea, Hong Kong, South Africa, and Israel.
"This patent further strengthens our global IP leadership in gastric retention drug delivery with the Accordion Pill technology platform, and we remain committed to continuing to build out our IN-7 patent family," stated Jeffrey A. Meckler, Chief Executive Officer of Intec Pharma. "The patent secures key elements of our technology, including our leading product, the Accordion Pill Carbidopa/Levodopa, which is in a global Phase III clinical trial in advanced Parkinson's disease. The expanded patent protection granted by the Canadian Intellectual Property Office enhances our global commercial efforts for AP-CDLD and we look forward to continuing to add to our IP position."
About Intec Pharma Ltd.
Intec Pharma is a clinical-stage biopharmaceutical company focused on developing drugs based on its proprietary Accordion Pill platform technology. The Company's Accordion Pill is an oral drug delivery system that is designed to improve the efficacy and safety of existing drugs and drugs in development by utilizing an efficient gastric retention and specific release mechanism. The Company's product pipeline includes two product candidates in clinical trial stages: Accordion Pill Carbidopa/Levodopa, or AP-CD/LD, which is being developed for the treatment of Parkinson's disease symptoms in advanced Parkinson's disease patients, and AP-CBD/THC, an Accordion Pill with the two primary cannabinoids contained in Cannabis sativa, cannabidiol (CBD) and tetrahydrocannabinol (THC), which is being developed for various indications including low back neuropathic pain and fibromyalgia.
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