Algernon Prescription drugs Declares Issuance of Patent for

Algernon Prescription drugs Declares Issuance of Patent for

VANCOUVER, British Columbia, June 22, 2022 (GLOBE NEWSWIRE) — Algernon Prescription drugs Inc. (the “Firm” or “Algernon”) (CSE: AGN) (FRANKFURT: AGWO) (OTCQB: AGNPF), a Canadian medical stage pharmaceutical improvement firm, is happy to announce that it has been issued a patent from the Canadian Mental Property Workplace (“CIPO”), No. 3101853, for the therapy of interstitial lung illness with NP-120 (“Ifenprodil”), entitled “Compositions and Strategies for Treating Idiopathic Pulmonary Fibrosis.”

The invention claims treating interstitial lung illness, together with idiopathic pulmonary fibrosis (“IPF”), with Ifenprodil. The bottom claims of the patent will probably be legitimate by means of 2038, excluding any patent time period changes or extensions which can present extra safety. The Firm additionally has energetic patent functions for Ifenprodil for a similar compositions and strategies within the U.S., Europe, China and Japan.

Algernon’s mental property technique for its repurposed drug program contains defending its compounds by submitting patent functions overlaying technique of use for brand spanking new illness indications, in addition to dosing and formulation. As well as, the Firm has filed new composition of matter patents for novel salt kinds for a few of its lead compounds.

“We’re more than happy to be granted this patent by the CIPO,” mentioned Christopher J. Moreau, CEO of Algernon Prescription drugs. “This is a crucial milestone for the Firm as we proceed to strengthen our international IP place.”

About Ifenprodil

Ifenprodil is an N-methyl-D-aspartate (NMDA) receptor antagonist particularly focusing on the NMDA-type subunit 2B (GluN2B). Ifenprodil prevents glutamate signalling. The NMDA receptor is discovered on many tissues together with lung cells, T-cells, and neutrophils and sure forms of most cancers cells.

The Firm is conducting a proof-of-concept Section 2 human trial to find out the security and efficacy of Ifenprodil in sufferers with IPF and its related cough and not too long ago introduced it had reached database lock.

Topline knowledge from this research is anticipated in July 2022.

About Algernon Prescription drugs Inc. 

Algernon is a drug re-purposing firm that investigates protected, already authorized medicine for brand spanking new illness functions, shifting them effectively and safely into new human trials, creating new formulations and in search of new regulatory approvals in international markets. Algernon particularly investigates compounds which have by no means been authorized within the U.S. or Europe to keep away from off label prescription writing.


Christopher J. Moreau
Algernon Prescription drugs Inc.
604.398.4175 ext 701

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