Nutra Pharma has been issued a patent by the U.S. Patent and Trademark Office that protects their therapy for Multiple Sclerosis (MS). The patent is entitled, “Modified anticholinergic neurotoxins as modulators of the autoimmune reaction.”
CORAL SPRINGS, Fla., Oct. 19, 2011 /PRNewswire/ — Nutra Pharma Corporation (OTCBB: NPHC), a biotechnology company that is developing treatments for Multiple Sclerosis (MS), Human Immunodeficiency Virus (HIV/AIDS), Adrenomyeloneuropathy (AMN) and Pain, announced today that its wholly-owned subsidiary, ReceptoPharm, has received approval from the United States Patent and Trademark Office (USPTO) for its patent describing the composition of matter and the use of neurotoxins for the treatment of Multiple Sclerosis (MS).
“This is the third patent to be issued to our ReceptoPharm subsidiary in the last 16 months,” commented Rik J Deitsch, Chairman and CEO of Nutra Pharma Corporation. “These patents are key to the continuing development of our pipeline and provide the value for eventual commercialization of the technology or out-licensing of the drugs. We currently own or license twelve patents that protect a broad range of drug and medical device technologies,” he explained.
The patent (US 8,034,777), titled “Modified anticholinergic neurotoxins as modulators of the autoimmune reaction,” describes a composition of matter and method of its use for the treatment of multiple sclerosis in humans. The composition is a modified anticholinergic alpha-neurotoxin.
“This patent represents a key addition to our intellectual property portfolio,” commented Dr. Paul Reid, CEO of ReceptoPharm. “While the Company has been focused on our pain therapies, we continue to support our deep, clinical pipeline. We will be supporting further pre-clinical and clinical studies in an effort to move our MS therapy forward and to eventual approval,” he concluded.
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