Cava Healthcare Announces Intention to Grant Notification from the European Patent Organization for Alzheimer's Disease Drugs
Patent Provides Cava Healthcare Exclusivity
Vancouver, British Columbia - TheNewswire - December 4, 2023 - Cava Healthcare Inc. (Cava), a biopharmaceutical company dedicated to enhancing the lives of Alzheimer's disease patients through therapeutic development and commercialization, announced today the issuance of a Notice of Allowance by the European Patent Organization (EPO). EPO member states include Albania, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Montenegro, Netherlands, North Macedonia, Norway, Poland, Portugal, Romania, San Marino, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Turkey and the United Kingdom. This allowance encompasses claims designed to safeguard a novel drug-based approach for Alzheimer's disease treatment. The Intention to Grant signifies the EPO's acknowledgment of the invention's patentability. Following issuance, Cava plans to initiate clinical trials for its lead compounds targeting Alzheimer's disease.
"This allowance significantly establishes Cava's potential dominance in intellectual property concerning a groundbreaking approach to Alzheimer's disease treatment. Our successful proof-of-concept studies in preclinical Alzheimer's disease models demonstrate the innovative approach’s effectiveness in reducing amyloid plaque burden, concurrently leading to cognitive memory recovery. These outcomes underscore the promising nature of our approach," stated Dr. Wilfred Jefferies, Chief Scientific Officer of Cava.
The issuance of this Intention to Grant notification marks a pivotal milestone in Cava's commitment to securing the commercial viability of neurological disease drugs, particularly for Alzheimer's disease. Cava has further submitted numerous patent applications, issued or allowed, in the United States, Asia, and Europe.
For further information, please contact Adrian Wade at email@example.com.
On Behalf of the Board of Directors
Adrian Wade, Ph.D.
COO and Director
Investor Relations and Corporate Communications
CAVA IS FOCUSED ON ENHANCING OPTIMAL HEALTH BY PREDICTING, PREVENTING AND ALLEVIATING DISEASE
Cava is a specialty biotechnology company focused on advancing drug development to address unmet medical needs in neurodegeneration, inflammation, and restoration of immune function. The Company has a patent protected portfolio of intellectual property and technology, concentrated on the development of a treatment for Alzheimer’s Disease and various oncology related biomarkers and treatments.
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