STOCK TITAN

Cyclo Therapeutics Announces Issuance of U.S. Patent Covering the Use of Trappsol® Cyclo™ for the Treatment of Alzheimer’s Disease

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary
Cyclo Therapeutics, Inc. (CYTH) secures U.S. Patent for treating Alzheimer's disease with Trappsol® Cyclo™, aiming to address the unmet medical need. The company is dedicated to developing life-changing medicines through innovation.
Positive
  • None.
Negative
  • None.

Insights

The granting of U.S. Patent No. 11,925,659 to Cyclo Therapeutics represents a significant milestone in the biotechnology industry, particularly for those companies focused on neurodegenerative diseases like Alzheimer's. The patent covers the use of Trappsol® Cyclo™ in treating early onset Alzheimer's, a condition for which treatment options are currently limited. This development could potentially lead to a first-mover advantage in this therapeutic area, as the intellectual property rights can provide a competitive edge against other firms attempting to enter the space.

The impact on Cyclo Therapeutics can be multi-dimensional. Firstly, it strengthens their market position by safeguarding their research and development investment. Secondly, it may attract partnership opportunities with larger pharmaceutical companies seeking to expand their neurodegenerative disease portfolio. Lastly, it can increase investor confidence, as patents are often seen as a tangible asset that can contribute to a company's valuation. However, it's important to note that the journey from patent to marketable product is fraught with clinical and regulatory challenges and investors should be aware of the inherent risks associated with drug development.

From a financial perspective, the news of the patent grant could have a positive effect on Cyclo Therapeutics' stock market performance. Patents can be a key driver of value for biotech companies, as they provide a period of market exclusivity that can lead to significant revenue streams if the treatment proves to be effective and gains market approval. The announcement may lead to increased investor interest and possibly a rise in stock price, reflecting the potential future earnings from Trappsol® Cyclo™.

However, investors should conduct a thorough risk assessment, considering the stages of clinical trials still to be completed and the average time and cost associated with bringing a new drug to market. It is also crucial to evaluate the company's cash flow and burn rate, as ongoing research and development can be capital intensive. The long-term financial impact will largely depend on the outcomes of clinical trials, the ability to navigate the FDA approval process and the eventual market adoption of the treatment.

Regarding the market for Alzheimer's treatments, the patent for Trappsol® Cyclo™ positions Cyclo Therapeutics at the forefront of addressing a growing demand. The prevalence of Alzheimer's disease is increasing globally due to aging populations and early onset Alzheimer's represents a niche yet critical segment of this market. The potential for Trappsol® Cyclo™ to meet this unmet need could not only improve patient outcomes but also generate substantial market demand.

It's essential to understand the competitive landscape, which includes other pharmaceutical companies developing Alzheimer's treatments and the barriers to entry for new competitors. The patent may deter some competition, but it is not the sole factor in market success. The effectiveness, safety profile and cost of the drug, as well as reimbursement policies and healthcare infrastructure, are all crucial determinants of commercial success. As such, market research in the context of these variables is key to predicting the potential market share and revenue that Trappsol® Cyclo™ could capture.

GAINESVILLE, Fla.--(BUSINESS WIRE)-- Cyclo Therapeutics, Inc. (Nasdaq: CYTH) (“Cyclo Therapeutics” or the “Company”), a clinical stage biotechnology company dedicated to developing life-changing medicines through science and innovation for patients and families living with diseases, today announced the United States Patent and Trademark Office (USPTO) has granted U.S. Patent No. 11,925,659 titled, “Methods for Treating Alzheimer’s Disease,” with claims that cover the use of Trappsol® Cyclo™ for the prevention and treatment of early onset Alzheimer’s disease.

“There continues to be a significant unmet need for therapeutic solutions to treat early onset Alzheimer’s disease. We are continuing to build momentum in our early AD clinical study evaluating Trappsol® Cyclo™ and continue to believe in its potential to address the unmet medical need that patients, families and physicians are facing. We are pleased to add this now issued patent and remain committed to bolstering our patent estate covering Trappsol® Cyclo™,” commented N. Scott Fine, Chief Executive Officer of Cyclo Therapeutics.

About Cyclo Therapeutics

Cyclo Therapeutics, Inc. is a clinical-stage biotechnology company dedicated to developing life-changing medicines through science and innovation for patients and families living with disease. The Company’s Trappsol® Cyclo™, an orphan drug designated product in the United States and Europe, is the subject of four formal clinical trials for Niemann-Pick Disease Type C1, a rare and fatal genetic disease, (www.ClinicalTrials.gov NCT02939547, NCT02912793, NCT03893071 and NCT04860960). The Company is conducting a Phase 2b clinical trial using Trappsol® Cyclo™ intravenously in early Alzheimer’s disease (NCT05607615) based on encouraging data from an Expanded Access program for Alzheimer’s disease (NCT03624842). Additional indications for the active ingredient in Trappsol® Cyclo™ are in development. For additional information, visit the Company’s website: www.cyclotherapeutics.com.

Safe Harbor Statement

This press release contains “forward-looking statements” about the company’s current expectations about future results, performance, prospects and opportunities, including, without limitation, statements regarding the satisfaction of closing conditions relating to the offering and the anticipated use of proceeds from the offering. Statements that are not historical facts, such as “anticipates,” “believes” and “expects” or similar expressions, are forward-looking statements. These statements are subject to a number of risks, uncertainties and other factors that could cause actual results in future periods to differ materially from what is expressed in, or implied by, these statements. The factors which may influence the company’s future performance include the company’s ability to obtain additional capital to expand operations as planned, success in achieving regulatory approval for clinical protocols, enrollment of adequate numbers of patients in clinical trials, unforeseen difficulties in showing efficacy of the company’s biopharmaceutical products, success in attracting additional customers and profitable contracts, and regulatory risks associated with producing pharmaceutical grade and food products. These and other risk factors are described from time to time in the company’s filings with the Securities and Exchange Commission, including, but not limited to, the company’s reports on Forms 10-K and 10-Q. Unless required by law, the company assumes no obligation to update or revise any forward-looking statements as a result of new information or future events.

JTC Team, LLC

Jenene Thomas

(833) 475-8247

CYTH@jtcir.com

Source: Cyclo Therapeutics, Inc.

FAQ

What U.S. Patent has Cyclo Therapeutics (CYTH) secured?

Cyclo Therapeutics has secured U.S. Patent No. 11,925,659 titled 'Methods for Treating Alzheimer’s Disease.'

What does the patent cover?

The patent covers the use of Trappsol® Cyclo™ for the prevention and treatment of early onset Alzheimer’s disease.

Who commented on the patent issuance?

N. Scott Fine, the Chief Executive Officer of Cyclo Therapeutics, commented on the patent issuance.

What is Cyclo Therapeutics (CYTH) dedicated to?

Cyclo Therapeutics is dedicated to developing life-changing medicines through science and innovation for patients and families living with diseases.

Cyclo Therapeutics, Inc.

NASDAQ:CYTH

CYTH Rankings

CYTH Latest News

CYTH Stock Data

18.08M
17.10M
40.08%
13.17%
0.4%
Drug Manufacturers - Specialty & Generic
Biological Products, (no Disgnostic Substances)
Link
United States of America
GAINESVILLE