USA Patent Granted for Recce's Antibiotics
Released
Released
Announcement PDF
ASX Announcement
USA Patent Granted for Recce’s Antibiotics
SYDNEY, Australia, 14 March 2019: Recce Pharmaceuticals Ltd (ASX:RCE) (Recce or
the Company), the Company developing a new class of broad spectrum synthetic
antibiotics, today announced the US Patents and Trademarks Office had Granted 23 claims
for patent US 10,226,482 B2, ‘Copolymer and Method for Treatment of Bacterial Infection’.
The USA represents close to half of the world’s USD $42.33 billion antibiotic market by
value.[1] This patent is Recce’s second wholly owned patent to be Granted in USA and
secures significant and additional monopolies for Recce to November 2035.
The Granted Patent contains a suite of 23 claims including its lead candidate RECCE® 327.
Recce’s commercialisation strategy is focused on leveraging its expanding local and
international intellectual property estate.
1-
Allied Market Research (October 2018): Global Opportunity Analysis and Industry Forecast, 2018 - 2025
About Recce Pharmaceuticals Ltd
Recce Pharmaceuticals Ltd (ASX: RCE) is pioneering the development and
commercialisation of a new class of synthetic antibiotics with broad spectrum activity
designed to address the urgent global health problem of antibiotic resistant superbugs. Its
patented lead candidate known as RECCE® 327 has been developed for the treatment of
blood infections and sepsis derived from E. coli and S. aureus bacteria – including their
superbug forms. Pre-clinical testing in laboratories and animal models, in Australia and
overseas has demonstrated positive results. Recce has a manufacturing facility in Australia
and is developing clinical research partners in the USA. The Company has developed an
automated process to manufacture its lead compound ahead of first-in-human clinical trials.
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