PreveCeutical files Provisional Patent Application for its BSV Peptide
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2021) - PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) (the "Company" or "PreveCeutical"), is pleased to announce it has filed a provisional application at the Australian Patent Office on December 22, 2020, entitled "Cyclic Peptides and Uses Thereof", application number 2020904798, with the aim of seeking protection for certain cyclic peptides and their use in prevention and treatment of brain cancer.
Peptides derived from the Blue Scorpion Venom ("BSV") have shown promise in delineating glioma (brain cancer) tissue and preventing the invasion of gliomas through inhibition of extracellular matrix metalloprotease (MMP). PreveCeutical sought to identify and screen novel peptides from the Caribbean Blue Scorpion venom, with a view to developing their own treatment for the management of glioblastoma multiforme (GBM).
The provisional patent application is to protect the lead peptides identified in the BSV research that appear to show the most potential for further development as therapeutic agents in the management of GBM.
PreveCeutical's Chief Executive Officer, Mr. Stephen Van Deventer, commented, "We are very excited with the results of the BSV program, and in particular with this lead peptide. Our plan is to utilize these results for a number of treatments, including management of GBM".
Although PreveCeutical believes that any such intentions, plans, estimates, beliefs, and expectations in this news release are reasonable, there can be no assurance that any such intentions, plans, beliefs, and expectations will prove to be accurate or successful.
PreveCeutical is a health sciences company that develops innovative options for preventive and curative therapies utilizing organic and nature identical products. The Company aims to be a leader in preventive health sciences sector.
With the completion of three of its research programs, the Company is actively working on the development, clinical trials, and commercialization of its products; and has filed a number of provisional patent applications to protect the intellectual property from its research programs.
On behalf of the Board of Directors of PreveCeutical
Stephen Van Deventer, Chairman and Chief Executive Officer
For further information, please contact:
Stephen Van Deventer: +1 604 306 9669
Or Investor Relations email@example.com
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