Patent Applications
28 April 2010 - 4:00PM
UK Regulatory
TIDMONG
RNS Number : 9011K
Oxford Nutrascience Group PLC
28 April 2010
28 April 2010
International patent applications made for Chewitab(TM), novel gels, syrups and
suspension systems
Oxford Nutrascience Group plc ("Oxford Nutrascience" or "the Company") announces
that it has filed two international patent applications. The submission of the
patents, which are in line with the milestones as outlined in the Company's
admission document dated 8 February 2010, will cover more than 130 countries.
PCT application no PCT/GB2010/050674, entitled "Chewable Oral Delivery System",
covers the novel chewable tablet technology for vitamins and medicines developed
by the Company. Initially the Company intends to launch of a range of
Chewitab(TM) products including a chewable calcium supplement and a chewable
multi-vitamin supplement. It will also be seeking to license its tablet
technology to major consumer healthcare companies in the global over-the-counter
(OTC) and prescription pharmaceutical sectors
PCT application no PCT/GB2010/050673, entitled "Delivery System", covers the
novel gels, syrups and suspension systems developed by Oxford Nutrascience.
These products will also be commercialised by licensing the Company's
intellectual property to major brand owners in the OTC and prescription
pharmaceutical sectors.
Both applications claim priority from the delivery system patent application
which Oxford Nutrascience filed in April 2009. They are expected to be published
in October 2010. Following initial examination in the international phase, these
will, in due course be turned into national and regional patent applications in
the countries of interest.
Marcelo Bravo, Executive Chairman and Chief Technology Officer commented,
"These two international patent applications are an important step in the
continued advancement of the commercialisation of our technology.
"We now have two very robust patent applications for the business's key
technologies, namely chewable tablets and liquid suspensions and gels. Both
these technologies deliver unique advantages in dispersion and solubilisation of
medicines, improved taste and mouth feel and manufacturing process
simplification."
- Ends -
For further information:
www.oxfordnutrascience.com
Oxford Nutrascience Group Plc
Nigel Theobald, Chief Executive +44 1865 854874
Mark Way, Investor and Media Relations +44 7786 116991
ZAI Corporate Finance (Nominated Adviser)
Ray Zimmerman +44 20 7060 2220
Sarang Shah +44 20 7060 2220
About Oxford Nutrascience Group Plc
· Oxford Nutrascience is a UK consumer healthcare company that develops
chewy confectionery, chewable tablets and liquid suspensions to allow medicines
and vitamin supplements to be taken in a more pleasant and convenient way.
· Oxford Nutrascience has developed technology for the use of prebiotic
soluble fibres in medicine delivery systems that disperse and solubilise
medicines, improve taste and mouth feel, simplify processing and eliminate
additives, incorporate prebiotic health benefits.
· Chews: Oxford Nutrascience currently produces Ellactiva , a calcium chewy
supplement sold in the UK and in the Middle East, and plans to launch new chews
to complement this existing product.
· Chewable tablets and liquid suspensions: The target market for Oxford
Nutrasciences' Chewitabs(TM) and liquid suspension delivery systems are
over-the-counter ("OTC") pain relieving drugs, indigestion preparations and
cough and cold medicines.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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