CNBX Pharmaceuticals Announces New Patent Granted in Australia

Rhea-AI Summary

CNBX Pharmaceuticals Inc. (OTCQB: CNBX) has announced the receipt of a patent grant from IP Australia for its innovation titled System and Method for High Throughput Screening of Cancer Cells, effective from May 2016 until May 2036. This patent bolsters CNBX's intellectual property portfolio, now comprising 8 families with 7 granted and 18 pending patents, all focused on cannabinoid-based cancer treatments. This strategic advancement supports the company's ongoing research and development efforts in the cancer treatment sector.

Positive

• Receipt of a patent grant enhances CNBX's intellectual property portfolio.
• Total of 8 patent families, including 7 granted patents and 18 pending.

Negative

• None.

REHOVOT, Israel and BETHESDA, MD., Sept. 28, 2022 /PRNewswire/ -- CNBX Pharmaceuticals Inc. (OTCQB: CNBX), a global leader in the development of cancer related cannabinoid-based medicine, announced today that it has received Notice of Grant for Patent by IP Australia, the Australian Government. Said notice relates to Company's patent titled: System and Method for High Throughput Screening of Cancer Cells. The term of the patent granted is set for 20 years starting May 2016 and until May of 2036.

 

 

This patent now becomes part of the company's growing IP portfolio, including 8 patent families, with 7 granted patents and 18 additional pending. The company's IP portfolio is focused on cancer patients and cancer treatments, and includes claims relating to Pharmaceutical Compositions, Methods and Systems.

About CNBX Pharmaceuticals:

CNBX Pharmaceuticals Inc. (OTCQB: CNBX) is a U.S. public company and a global leader in the development of cancer related cannabinoid-based medicine. The Company's R&D is based in Israel, where it is licensed by the Ministry of Health to conduct scientific and clinical research on cannabinoid formulations and cancer. For more information, please visit www.cnbxpharma.com. For the latest updates on CNBX Pharmaceuticals follow the Company on Twitter @cnbxpharma, Facebook @cnbxPharmaceuticals, LinkedIn, and on Instagram @CNBX_Pharmaceuticals.

Disclaimer:

Certain statements contained in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other U.S. Federal securities laws. Such statements include but are not limited to statements identified by words such as "believes," "expects," "anticipates," "estimates," "intends," "plans," "targets," "projects" and similar expressions. The statements in this release are based upon the current beliefs and expectations of our Company's management and are subject to significant risks and uncertainties. Actual results may differ from those outlined in the forward-looking statements. Numerous factors could cause or contribute to such differences, including, but not limited to, results of clinical trials and other studies, the challenges inherent in new product development initiatives, the effect of any competitive products, our ability to license and protect our intellectual property, our ability to raise additional capital in the future that is necessary to maintain our business, changes in government policy and regulation, potential litigation by or against us, any governmental review of our products or practices, as well as other risks discussed from time to time in our filings with the Securities and Exchange Commission including, without limitation, our latest 10-Q Report filed July 14th, 2022. We undertake no duty to update any forward-looking statement or any information contained in this press release or other public disclosures at any time. Finally, the investing public is reminded that the only announcements or information about Cannabics Pharmaceuticals Inc., which are condoned by the Company, must emanate from the Company itself and bear our name as its source.

For more information about CNBX:

CNBX Pharmaceuticals Inc.
+1 (877) 424-2429
info@cnbxpharma.com

Logo - https://mma.prnewswire.com/media/1774404/CNBX_Pharmaceuticals_Logo.jpg

 

 

View original content:https://www.prnewswire.com/news-releases/cnbx-pharmaceuticals-announces-new-patent-granted-in-australia-301635531.html

SOURCE CNBX Pharmaceuticals Inc.

FAQ

What is CNBX Pharmaceuticals' recent patent grant about?

CNBX Pharmaceuticals received a patent for a System and Method for High Throughput Screening of Cancer Cells from IP Australia.

How long is the new patent granted to CNBX Pharmaceuticals valid?

The patent is valid for 20 years, from May 2016 to May 2036.

How many patents does CNBX Pharmaceuticals currently hold?

CNBX Pharmaceuticals has a total of 8 patent families, with 7 granted patents and 18 pending.

What focus does CNBX Pharmaceuticals' IP portfolio have?

The IP portfolio focuses on cannabinoid-based treatments for cancer patients.

When was the patent grant announced by CNBX Pharmaceuticals?

The patent grant was announced on September 28, 2022.