posted
AlphaRx Receives Notice of Allowance for U.S. Patent on Its Drug Delivery Platform 1/25/06
MARKHAM, Ontario, Jan 25, 2006 (PRIMEZONE via COMTEX) -- AlphaRx Inc. (OTCBB:ALRX), an emerging biopharmaceutical company utilizing proprietary drug delivery technology to develop novel formulations of drugs, has received a Notice of Allowance from the United States Patent and Trademark Office for its patent application entitled "Vehicle For Topical Delivery of Anti-Inflammatory Compounds." The platform is an integral part of the Company's lead product Indaflex(tm), which is undergoing a Phase II clinical trial.
Michael Lee, President of AlphaRx Inc., stated, "We are extremely pleased about the allowance of this patent. This award helps protect our innovative drug delivery technology and further endorses our competitive position. We have 6 further patent applications pending and are hopeful that this is the first of many patents that will be receiving allowance
-------------------- Trading is a blast!!
IP: Logged |