MediciNova Receives Notice of Allowance for New Patent Covering MN-166 (ibudilast) for the Prevention of Metastasis of Various Solid Cancer

On June 5, 2024 MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the Standard Market of the Tokyo Stock Exchange (Code Number: 4875), reported that it has received a Notice of Allowance from the U.S. Patent and Trademark Office for a pending patent application which covers MN-166 (ibudilast) for the prevention of metastasis in various cancers including pancreatic cancer, lung cancer, breast cancer, colorectal cancer, melanoma, and ovarian cancer (Press release, MediciNova, JUN 5, 2024, https://investors.medicinova.com/news-releases/news-release-details/medicinova-receives-notice-allowance-new-patent-covering-mn-31 [SID1234644145]).

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Once issued, this patent is expected to expire no earlier than July 2042. The allowed claims cover the use of MN-166 (ibudilast) in combination with one or more additional therapies including chemotherapy, immunotherapy, radiotherapy, photodynamic therapy, epigenetic therapy, and liver-directed therapy and others. The allowed claims specifically cover the use of MN-166 (ibudilast) for preventing, ameliorating, or minimizing metastasis of various cancers including pancreatic cancer, lung cancer, breast cancer, colorectal cancer, melanoma, or ovarian cancer. The allowed claims cover oral administration, a wide range of doses, a range of different dosing frequencies, and a range of different treatment periods.

Kazuko Matsuda, MD, PhD, MPH, Chief Medical Officer of MediciNova, Inc., commented, "Cancer metastasis is often the major driver of cancer-related deaths rather than the primary cancer. Recently we were granted a patent *1 to cover preventing metastasis of uveal melanoma. We are delighted to see our growing intellectual property patent portfolio and value of MN-166 (ibudilast) increase with the addition of patents covering the prevention of metastasis of various solid tumors."

*1: MediciNova Receives Notice of Allowance for New Patent Covering MN-166 (ibudilast) for the Prevention of Metastasis of Eye Cancer
https://investors.medicinova.com/news-releases/news-release-details/medicinova-receives-notice-allowance-new-patent-covering-mn-30

About MN-166 (ibudilast)

MN-166 (ibudilast) is a small molecule compound that inhibits phosphodiesterase type-4 (PDE4) and inflammatory cytokines, including macrophage migration inhibitory factor (MIF). It is in late-stage clinical development for the treatment of neurodegenerative diseases such as ALS (amyotrophic lateral sclerosis), progressive MS (multiple sclerosis), and DCM (degenerative cervical myelopathy); and is also in development for glioblastoma, Long COVID, CIPN (chemotherapy-induced peripheral neuropathy), and substance use disorder. In addition, MN-166 (ibudilast) was evaluated in patients that are at risk for developing acute respiratory distress syndrome (ARDS).

Halozyme Announces Issuance of New European Patent for ENHANZE® Drug Delivery Platform

On June 5, 2024 Halozyme Therapeutics, Inc. (NASDAQ: HALO) ("Halozyme") reported the grant of European Patent No. 4269578, covering the ENHANZE rHuPH20 product obtained from Halozyme’s ENHANZE manufacturing methods that the Company provides to its current and future licensees (Press release, Halozyme, JUN 5, 2024, View Source [SID1234644144]). The new patent is licensed under all of Halozyme’s ENHANZE licenses. It will be validated in 37 European countries and expires on March 6, 2029.

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"This new European patent for ENHANZE further strengthens our robust patent estate and extends the durability of our portfolio," said Dr. Helen Torley, president and chief executive officer of Halozyme. "We are pleased to be able to maintain the original royalty rate for DARZALEX SC in Europe through March 2029 based on this new patent."

Under the terms of Halozyme’s ENHANZE license with Janssen, the newly granted patent prevents the reduction in the royalty rate on sales of DARZALEX SC in the European countries where it is validated until the patent expires. The new patent is not expected to have any impact to royalties under other ENHANZE licenses with an issued or pending collaboration patent, as current royalty rates for these licenses are already expected to extend beyond expiration of the new patent.

Webcast and Conference Call

Halozyme will discuss the new European patent and provide an update to its 2024 financial guidance and 5-year financial outlook on a conference call tomorrow, Thursday, June 6 at 5:30am PT/8:30am ET. The call will be webcast live through the "Investors" section of Halozyme’s corporate website and a recording will be made available following the completion of the call. To access the webcast and presentation, please visit ir.halozyme.com.

The call may also be accessed with the dial-in information below:

Participant Toll-Free Number: 888-632-3384
Participant Direct/International Number: 785-424-1794
Conference ID: HALO0624

UroGen Pharma to Present at the 45th Annual Goldman Sachs Global Healthcare Conference

On June 5, 2024 UroGen Pharma Ltd. (Nasdaq: URGN), a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers, reported that management will participate in a fireside chat at the 45TH Annual Goldman Sachs Global Healthcare Conference to take place June 10-13, 2024 (Press release, UroGen Pharma, JUN 5, 2024, View Source [SID1234644143]).

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Goldman Sachs 45TH Annual Healthcare Conference

Date/ time:

June 11, 2024 at 3:20 PM ET

Format:

Fireside Chat

Location:

Miami, FL

Webcast Link:

here

A webcast from the conference will also be available via the Investors section of UroGen’s corporate website, View Source A replay will be available for approximately 90 days.

Syndax Announces Participation at the Goldman Sachs 45th Annual Global Healthcare Conference

On June 5, 2024 Syndax Pharmaceuticals (Nasdaq: SNDX), a clinical-stage biopharmaceutical company developing an innovative pipeline of cancer therapies, reported that Michael A. Metzger, Chief Executive Officer, will participate in a fireside chat at the Goldman Sachs 45th Annual Global Healthcare Conference on Wednesday, June 12, 2024, at 8:40 a.m. ET (Press release, Syndax, JUN 5, 2024, View Source [SID1234644142]).

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A live webcast of the fireside chat can be accessed from the Investor section of the Company’s website at www.syndax.com, where a replay of the event will also be available for a limited time.

SpringWorks Therapeutics to Participate in the Goldman Sachs 45th Annual Global Healthcare Conference

On June 5, 2024 SpringWorks Therapeutics, Inc. (Nasdaq: SWTX), a commercial-stage biopharmaceutical company focused on severe rare diseases and cancer, reported that management will participate in a fireside chat at the Goldman Sachs 45th Annual Global Healthcare Conference, taking place in Miami, Florida on Tuesday, June 11, 2024 at 2:00 p.m. ET (Press release, SpringWorks Therapeutics, JUN 5, 2024, View Source [SID1234644141]).

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To access the live webcast, please visit the Events & Presentations page within the Investors & Media section of the company’s website at View Source A replay of the webcast will be available on SpringWorks’ website for a limited time following the conference.