Annovis Granted U.S. Patent for Treatment and Prevention of Acute Brain or Nerve Injuries Securing Global Protection
15 January 2025 - 12:00AM
Annovis Bio Inc. (NYSE: ANVS) ("Annovis" or the "Company"), a
late-stage clinical drug platform company pioneering transformative
therapies for neurodegenerative diseases such as Alzheimer’s
disease (AD) and Parkinson’s disease (PD), today announced it was
granted the U.S. patent covering methods for the treatment and
prevention of acute brain or nerve injuries using buntanetap.
This newly issued patent is based on buntanetap’s ability to
reduce neurotoxicity and mitigate neurodegenerative processes,
which can be applicable to such conditions as stroke, ischemia,
traumatic brain injury, micro infarcts, and other forms of acute
injuries. The patent has already been granted in the EU, Japan, and
worldwide. With this latest approval in the U.S., the company now
holds global protection for the use of buntanetap in treating acute
neurodegenerative disorders.
“Nerve cells are inherently delicate and susceptible to
structural damage upon physical impact. Buntanetap works by
targeting the neurotoxic pathways that contribute to this damage,
providing a potential path to protect and restore neuronal health,”
commented Maria Maccecchini, Ph.D., Founder, President and CEO of
Annovis. “We are proud to add this patent to our growing
intellectual property portfolio, further expanding the possible
applications of buntanetap beyond its primary indications such as
Alzheimer’s and Parkinson’s diseases.”
The U.S. Patent and Trademark Office (USPTO) issued the patent
on January 2, 2025, under the publication number
US-2025-0000846-A1.
About Annovis Bio
Headquartered in Malvern, Pennsylvania, Annovis is dedicated to
addressing neurodegeneration in diseases such as AD and PD. The
company’s innovative approach targets multiple neurotoxic proteins,
aiming to restore brain function and improve the quality of life
for patients. For more information, visit www.annovisbio.com and
follow us on LinkedIn, YouTube, and X.
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Forward-Looking Statements
This press release contains "forward-looking" statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These statements include, but are not limited to, the
Company's plans related to clinical trials. Forward-looking
statements are based on current expectations and assumptions and
are subject to risks and uncertainties that could cause actual
results to differ materially from those projected. Such risks and
uncertainties include, but are not limited to, those related to
patient enrollment, the effectiveness of Buntanetap, and the
timing, effectiveness, and anticipated results of the Company's
clinical trials evaluating the efficacy, safety, and tolerability
of Buntanetap. Additional risk factors are detailed in the
Company's periodic filings with the SEC, including those listed in
the "Risk Factors" section of the Company's Annual Report on Form
10-K and Quarterly Reports on Form 10-Q. All forward-looking
statements in this press release are based on information available
to the Company as of the date of this release. The Company
expressly disclaims any obligation to update or revise its
forward-looking statements, whether as a result of new information,
future events, or otherwise, except as required by law.
Contact Information:Annovis Bio Inc.101 Lindenwood
DriveSuite 225Malvern, PA 19355www.annovisbio.com
Investor Contact:Scott McGowanInvestorBrandNetwork
(IBN)Phone:
310.299.1717www.annovisbio.com/investors-relationsIR@annovisbio.com
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