Edge Therapeutics, Evonik Industries Granted EG-1962 Composition Of Matter Patent

BERKELEY HEIGHTS & PARSIPPANY, N.J.--(BUSINESS WIRE)--Clinical-stage biotechnology company Edge Therapeutics, Inc. and leading specialty chemicals company Evonik Corporation announced today that they have received a U.S. Patent No. 8,821,944 (the ‘944 patent) expiring July 2033 covering EG-1962, Edge’s lead product candidate in development to potentially improve patient outcome after a ruptured brain aneurysm.

The ‘944 patent includes claims that cover compositions containing the Form I polymorph of nimodipine, methods of manufacturing, and methods of use for EG-1962.

“We are pleased that the U.S. Patent and Trademark Office (USPTO) has issued this composition of matter patent, which builds upon our existing intellectual property portfolio for EG-1962,” said Brian Leuthner, Chief Executive Officer and President of Edge Therapeutics, Inc. “Together with our partners at Evonik, we are developing EG-1962 to improve patient outcomes in this vulnerable patient population.”

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