Xinnate granted patent in Japan for TCP-25 formulation. The patent further strengthens the global intellectual property protection of the TCP-25 gel.

The granted patent is broad in scope and covers both the formulation currently being used in the international clinical study STEP as well as future generations of products containing TCP-25.

TCP-25 is already protected by patents in Europe and the United States and has also been granted Orphan Drug Designation in the United States.

“A strong intellectual property position is essential for us, and this new patent provides broad protection in a strategically important market,” says Helene Hartman, CEO of Xinnate AB.


Xinnate AB har fått patent godkänt i Japan avseende formulering av TCP-25. Patentet är innebär ett ytterligare stärkt globalt immateriellt skydd för TCP-25 gelen.

Det godkända patentet är brett och omfattar både den formulering som nu ingår i den internationella kliniska studien STEP och kommande generationer av produkter innehållande TCP-25.

TCP-25 är sedan tidigare skyddad av patent i både Europa och USA och har även särläkemedelsstatus i USA.

Ett starkt immateriellt skydd är viktigt och det nya patentet ger oss ett brett skydd i en för oss strategiskt viktig marknad säger Helene Hartman, VD för Xinnate AB.

 


Xinnate raises SEK 31 million in oversubscribed share issue

 Xinnate today announced successful closure of its share issue, raising 31 million in new capital for the development of TCP-25. The issue was oversubscribed demonstrating strong interest and confidence from both existing and new shareholders.

 - We extend our sincere thanks for our investors’ continued support, says CEO Helene Hartman. This marks a significant milestone accelerate the path to partnering, market and hence patients suffering from Epidermolysis Bullosa.

The funding enables us to move forward with our accelerated development strategy, following the transition to a CDMO partner with commercial manufacturing capacity. This includes:

  • Advancing the pivotal STEP study for EB patients, backed by positive FDA feedback.
  • Securing continued GMP manufacturing of clinical study material, following successful production of a pilot batch.
  • Preparing for a potential commercial partnership and future NDA submission.

To accommodate those investors who were not allocated shares in this round, the Board plans to launch a directed issue during the summer.