Medicortex Finland Oy Announces Issuance of a Patent in the United States
“This is our biggest achievement by now, we are extremely pleased with the development of the patent portfolio” said Dr. Harel Adrian, Chief Executive Officer of Medicortex. “This new issuance continues to expand the intellectual property portfolio covering methods of using certain biomarkers for detection of concussion. The issuance of this patent is another step in the development of a robust patent portfolio relating to new strategy to help identify and treat mild TBI” Dr. Harel continued with great pleasure.
Medicortex is currently developing a rapid diagnostic kit for detection of concussion and mild traumatic brain injury from urine or saliva. The kit is based on specific biomarkers that the company has discovered from body fluids following brain injury. Such a rapid kit will satisfy the urgent need to improve the detection of brain injury in mild cases especially – which are known to be potentially morbid but difficult to diagnose with the contemporary means. The issued patent covers the core technology and method for detecting novel glycan-based biomarkers which are indicative of traumatic brain injury.
The issued US patent No. 10,739,335 “Prognostic and Diagnostic Glycan-Based Biomarkers of Brain Damage” is the second grant in the patent family where relative national patents were previously issued by the European Patent Office (EPO). Patenting of disease biomarkers and related diagnostics is becoming very tough in the USA, so the allowance of the current patent is a great achievement in that sense.
Medicortex’ patent portfolio encompasses diagnostics of TBI biomarkers as well as relative drug candidates developed by the company. The comprehensive patent coverage secures exclusivity to develop the products and the company’s strategy is to actively seek new patentable innovations from its biomarker and drug development programs.
Medicortex Finland Oy
Dr. Adrian Harel - CEO
Tel. +358 (0) 400 488 817
About Medicortex Finland Oyj
Itäinen Pitkäkatu 4 B
Medicortex Finland Oy is a biotechnology company dedicated to improving the diagnostics and treatment of Traumatic Brain Injury (TBI). Its current focus is on developing biomarker diagnostics to detect the presence and severity of a head injury. The company has the technology to capture biomarkers from urine and saliva and to develop them into an affordable diagnostic tool. Medicortex was established by an Israeli neurobiologists Adrian Harel (PhD, MBA) in 2014, and the company is based in Turku, Finland.
Cautionary Note Regarding Forward-Looking Statements
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. Medicortex assumes no obligation to, and does not intend to, update any forward-looking statements, whether as a result of new information, future events or otherwise.
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Latest releases from Medicortex Finland Oyj
Medicortexin kevään 2023 osakeanti päättynyt – yhtiö kiitollinen yleisön mielenkiinnosta30.5.2023 10:45:00 EEST | Tiedote
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Medicortex concluding the fundraising round of spring 2023 – company grateful for the public interest30.5.2023 10:45:00 EEST | Press release
Medicortex Finland Plc, a biopharmaceutical company focusing on the development of diagnostics for mild traumatic brain injury (TBI), and drug development for the same indication, announces completion of a second round of the fundraising campaign. In the two funding rounds that took place in the first half of 2023, the company has raised more than 110,000 euros. The funds raised will be used to activate research projects in parallel to company’s main product development program.
Medicortexille uusia osakkaita3.3.2023 13:30:00 EET | Tiedote
Medicortex Finland Oyj, tapaturmaisen aivovamman diagnostiikkaa ja hoitoa kehittävä turkulainen bioteknologiayhtiö, on saanut päätökseen talven osakeantikampanjan. Saadut varat käytetään uusien hankkeiden aktivoimiseen yhtiön ensisijaisen tuotekehitysprojektin rinnalla.
New Shareholders for Medicortex3.3.2023 13:30:00 EET | Press release
Medicortex Finland Plc, a biopharmaceutical company focusing on the development of diagnostics and drug treatment for mild traumatic brain injury (TBI), announces completion of fundraising campaign. The funds raised will be used to activate research projects in parallel to company’s main product development program.
Medicortex Finland Plc appointing a new advisor1.12.2022 09:30:00 EET | Press release
Medicortex Finland Plc, a biotechnology company located in Turku, Finland, with a proprietary biomarker technology for detection of traumatic brain injury (TBI) and numerous other pipeline product candidates, announced today appointment of Professor Mika Hannula (DSc Tech) as a new member in company’s Scientific and Clinical Advisory Board (SAB). Professor Hannula supplements the team of scientists and clinicians with his diverse expertise in academic research management.
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