Intec Pharma Expands Intellectual Property With a New Patent for the Accordion Pill in Europe
JERUSALEM, ISRAEL–(Marketwired – October 22, 2015) – Intec Pharma Ltd. (NASDAQ: NTEC) (TASE: INTC), a clinical-stage biopharmaceutical company focused on developing drugs based on its proprietary Accordion Pill platform technology, today announced that the Company has been informed by the European Patent Office (EPO) that a European patent will be granted November 4, 2015 on the Company’s European Patent Application for a “Method and Apparatus for Forming Delivery Devices for Oral Intake of an Agent.”
The patent, number EP 1981465, protects a method of producing Intec’s Accordion Pill platform, and the Accordion Pill produced thereby. The platform may be made from any suitable substances, and is intended for oral delivery of any pharmaceutically active agent of interest. The patent is currently scheduled to remain in force until January 18, 2027.
Zeev Weiss, CEO of Intec Pharma, said: “The new patent in Europe is an important addition to our IP portfolio, and joins already granted patents of the same IP family in the United States and other countries. The Accordion Pill IP protection is very important for pharmaceutical companies, when considering this platform technology for the life cycle management of their drugs, as well as for the protection of our own pipeline products.”