ADial Pharmaceuticals LLC Announces Issuance of First U.S.

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
ADial Pharmaceuticals LLC Announces Issuance of First U.S. Patent

CHARLOTTESVILLE, Va., April 30, 2014 (GLOBE NEWSWIRE) -- ADial Pharmaceuticals, LLC (ADial), announced today the issuance of U.S. Patent No. 8,697,361 which covers the use of a serotonin-3 (5-HT 3 ) antagonist for the treatment of alcohol related diseases, including Alcohol Use Disorder (AUD), in patients having the LL/TT genotype of the serotonin transporter gene. This patent will provide protection through at least April 28, 2030.

The patent also specifically covers treatment of patients having the LL/TT genotype using ADial's lead product AD04, a 5-HT 3 antagonist. AD04 interrupts the reinforcing effects of alcohol, thereby reducing the urge to drink. Such reinforcing effects are thought to be exaggerated in patients that have certain mutations of the genes (LL/TT) that control serotonin function in the brain. Unlike currently available solutions in the U.S., AD04 does not require abstinence but allows patients to better control drinking and reduce heavy drinking.

"The issuance of this patent further reinforces ADial's position as a leader in the field of alcohol addiction and personalized medicine," said William Stilley, CEO. "With the intellectual property protection afforded by this patent, we have a solid business case to develop AD04 for the treatment of Alcohol Use Disorder. ADial also has additional patents pending that should extend the patent life of AD04 even further and that offer the possibility of product line extensions into other addictive disease states."

About ADial Pharmaceuticals, LLC

ADial Pharmaceuticals is a privately held pharmaceutical company developing medications for treating addiction diseases and disorders, including alcohol and drug addictions (cocaine, opioids, methamphetamines), as well as other addiction-like behaviors such as those related to obesity and eating disorders. For more information about ADial Pharmaceuticals, please visit http://www.adialpharma.com .

About AD04

ADial's lead product, AD04, is a serotonin-3 (5-HT 3 ) antagonist targeted for treating alcohol use disorder (AUD) in patients having certain genetic markers related to the serotonin system. AD04 demonstrated efficacy at reducing both the frequency and quantity of drinking in a 283-patient Phase IIb study and is preparing to commence pivotal Phase III trials for treating AUD in genetic marker positive patients. AD04 is also hypothesized as a potential treatment for other addiction diseases such as obesity, illegal drug use, and smoking. The active ingredient in AD04 is ondansetron, which is currently approved as an anti-emetic for post-operative and post-chemotherapy nausea. Doses effective for treating alcohol addiction are well below those used to treat emesis. Clinical and non-clinical experience to date suggest that higher doses like those used for the treatment of emesis may have reduced efficacy for treating addiction and may also entail additional safety risks associated with chronic administration as would be required for treatment of addiction.

Forward-looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Any statements contained herein which do not describe historical facts, including but not limited to statements regarding: the company's patents, patent term extension and intellectual property protection, are forward-looking statements which involve risks and uncertainties that could cause actual results to differ materially from those discussed in such forward-looking statements.

William Stilley, CEO (434) 422-9800 ext. 103

Scroll down for more posts ▼

Top 10 Most Recent News Articles

ANTHBOT Rolls Out Black Friday Deals on Mowers

Updated Category News Views 79

ANTHBOT's Bold Black Friday Play Alright, here's something that'll perk up any garden-variety technophile: ANTHBOT's slashing prices on its M5 and M9 robotic lawn mowers as part of their "Easy Mowing. Extra Savings." campaign. Now, I've been around the block enough to know that discounts get flung around like confetti this time of year, but a $250 slash on these...

Continue Reading
Gold.com Faces Fiduciary Investigation by Levi & Korsinsky

Updated Category News Views 129

Gold.com in Hot Water: What Shareholders Need to Know You ever wonder how firms like Gold.com find themselves in sticky situations before the ink's dry on the quarterly report? Well, strap in because Levi & Korsinsky, LLP is poking around to see if some officers and directors over there have taken a stroll down Breach Avenue. And let me tell you, if you're holding onto...

Continue Reading
Perceptive Discovery Bolsters Operations with New VP Hire

Updated Category News Views 10

Strategic Leadership Shift at Perceptive: Enter Dr. Bronfin Brace yourselves, folks, because Perceptive Discovery is throwing some serious weight behind its operations. They've snagged Dr. Benjamin Bronfin as their new Vice President of Operations. Now, I don't throw 'CRO leader' around lightly—this guy's got over 25 years in the trenches. He's here to fine-tune the...

Continue Reading
MIT Study: Reinforced Masonry Slashes Hurricane Damage

Updated Category News Views 55

Building Smarter: Concrete vs. The Storm Hurricanes are nature’s wrecking balls, and if there’s one thing the latest MIT study tosses on the table, it’s that reinforced concrete masonry isn't just holding its ground—it's changing the game. You see, when Hurricane Irma swung through Florida, it left a clear message written in the rubble: smarter building means...

Continue Reading
Rachel Noble Joins AGS: Signals Strategy Shift

Updated Category News Views 58

A Tactical Addition to American Global Strategies The chessboard of global security just saw a savvy new player join American Global Strategies (AGS). Rachel Noble, a name that echoes through the halls of Australia's national security apparatus, has joined AGS as Senior Advisor. This isn't your garden-variety hire—this is a strategic power move. From Down Under to the...

Continue Reading
Guizhou's Mountain Conference Pushes Tourism Evolution

Updated Category News Views 45

Climbing High: Guizhou's Tourism Summit The 2026 International Conference of Mountain Tourism and Outdoor Sports in Guizhou has kicked off with a heartfelt focus on merging natural allure with modern tourism. This isn't just another gathering; it's a powerhouse of international dialogue harbored right in China's dramatic landscape. Building on Unique Natural Assets...

Continue Reading
OpenAssets Sets Up Shop in Abu Dhabi, Joins Hub71

Updated Category News Views 128

OpenAssets Carves a Niche in Abu Dhabi OpenAssets has just staked a claim in the Middle East by setting up its headquarters in the Abu Dhabi Global Market (ADGM). Picture this: a digital asset infrastructure provider unfurling its wings in one of the most dynamic economic landscapes—it's like watching a rookie clinch the game at the stock pit. But there's more, folks....

Continue Reading
Rain Agent Vaults: Revolutionizing Payments with AI

Updated Category News Views 90

Innovative Payments with AI Power Alright, folks, Rain's gone and done something that's probably going to shake things up in the payments world—'cause they've given AI agents the ability to handle money like never before. We're not just talking about some run-of-the-mill integration here. This is a genuine game changer, promising to make agents as financially savvy as...

Continue Reading
Burger King Revives Mini-Frenzy with 2026 Advent Calendar

Updated Category News Views 70

Nostalgia and Miniature Magic: Burger King's Holiday Ploy You ever seen a burger chain stir up more hype around the holidays than Santa in a bright red suit? Well, Burger King's back at it, logging into the nostalgia machine with their teensy-weensy-sized treats—just what frenetic mini fans and collectors clamor for. This pint-sized ploy plays right into the craze for...

Continue Reading
Small Businesses Tackle Rising Holiday Costs Head-On

Updated Category News Views 66

Holiday Crunch Forces Financial Juggling Here we are, diving headfirst into the holiday whirlwind, where small business owners are playing the financial juggler. It's not just the lost sleep amid the twinkling lights—they're seeing their wallets squeezed as the pressures mount. According to Flute's latest report, a solid 58% of these owners are ready to raid personal...

Continue Reading

Top 5 Most Recently Viewed Articles

Improving Hearing Ability Could Combat Elderly Isolation

Updated Category News Views 151

Understanding the Importance of Hearing for Seniors Research has shown that as we age, maintaining social connections becomes increasingly vital. Elderly individuals may experience feelings of loneliness due to various factors, including hearing loss. A significant study reveals how providing hearing aids and education on their usage can be instrumental in promoting...

Continue Reading
Gran Tierra Energy's Strategic Acquisition of i3 Energy: Insights

Updated Category News Views 69

Gran Tierra Energy Takes a Bold Step with i3 Energy Acquisition Gran Tierra Energy Inc. (NYSE American: GTE) (TSX:GTE) (LSE:GTE) has received an exciting nod from i3 Energy plc shareholders for its planned acquisition. This green light marks a pivotal moment in Gran Tierra's journey, as it aims to extend its operational reach beyond borders. The significant approval by i3...

Continue Reading
Steve Cohen Transitions from Trader to Mentor at Point72

Updated Category News Views 444

Steve Cohen’s Remarkable Transition Steve Cohen, a billionaire and a highly regarded name in the hedge fund industry, has taken a notable step after an illustrious 40-year trading career. Although he will step back from the daily rigors of trading, he remains committed as co-chief investment officer at Point72 Asset Management, where he will guide the direction of the...

Continue Reading
Understanding NVIDIA's Bullish Options Activities and Insights

Updated Category News Views 266

Decoding NVIDIA's Options Activities Recently, significant investors have shown a bullish inclination towards NVIDIA NVDA, indicating potential market movements driven by substantial trading activities. What’s Happening with NVDA? The options landscape for NVIDIA has recently become quite engaging, reflecting larger market trends. Investors are appeared to be gathering...

Continue Reading
Understanding European Cars: Suspension Noise Explained

Updated Category News Views 27

Suspension Noise: A Silent Menace Ever wonder why your European car might sound like it's auditioning for a percussion band when it goes over bumps? While we all love the sleek and powerful feel of a BMW or Audi, those clunks, squeaks, and vibrations can be early alerts that your ride is headed for trouble. John Anderson, an automotive expert, lays it all out in an...

Continue Reading