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Elto Pharma Receives Notice of Allowance in Canada

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Posted On: 05/01/2018 10:40:21 AM
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Posted By: Mauibound
Elto Pharma Receives Notice of Allowance in Canada for Patent Covering Use of Eltoprazine to Treat non-ADHD Cognitive Impairment

May 01, 2018 10:31 ET | Source: Amarantus Bioscience Holdings, Inc.

NEW YORK, May 01, 2018 (GLOBE NEWSWIRE) -- Via OTC PR Wire -- Elto Pharma, Inc., a specialty pharmaceutical, clinical-stage wholly-owned subsidiary of Amarantus Bioscience Holdings, Inc. (OTCPK:AMBS) advancing eltoprazine into a Phase 2b human clinical trial for the treatment of the orphan indication Parkinson's disease levodopa-induced dyskinesia (PD-LID), today announced that the Canadian Intellectual Property Office recently issued a Notice of Allowance for a patent application entitled "Use of Eltoprazine for Improvement of Symptoms of Cognitive Impairment Associated with non-ADHD Neurological and Mental Disorders" covering the use of eltoprazine to treat a range of non-ADHD neurological and mental conditions, including Parkinson's disease and Alzheimer's disease. Upon issuance, the patent will extend exclusivity protection for eltoprazine in Canada for the treatment of non-ADHD cognitive impairment into 2029.

"Eltoprazine has a unique pharmacodynamic profile and holds promise in exploring its effect on cognitive impairment in a variety of neurological and neuropsychiatric conditions. It has shown statistically significant improvement of cognition in a proof of concept study of adult patients with ADHD. This suggests that it may have benefits for cognition in other neuropsychiatric disorders that can be evaluated in clinical trials," said Dr. Paula Trzepacz, Elto Pharma's Chief Medical Advisor. "As we build the clinical data package around eltoprazine in our Phase 2b PD-LID program, we will consider including secondary endpoints that assess relevant aspects of cognition."
https://globenewswire.com/news-release/2018/0...rment.html

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