ZUG, Switzerland, May 18, 2015 (GLOBE NEWSWIRE) -- Auris Medical Holding AG (Nasdaq:EARS), a clinical-stage company dedicated to developing therapeutics that address important unmet medical needs in otolaryngology, today announced that the U.S. Patent and Trademark Office ("USPTO") has issued a Notice of Allowance for a patent (14/317,319) relating to methods of treating inner or middle ear diseases with intratympanic injections of poloxamer-based compositions. The claims are directed to the use of fluoroquinolone antibiotics in poloxamer 407 compositions under certain specifications. The patent is based on a continuation filing related to US patent application 11/992,632, with priority date of September 28, 2005, which discloses the use of various biocompatible polymers for the controlled release of various active substances for the treatment of diseases of the inner or middle ear.
"Auris Medical continues to build and reinforce its intellectual property portfolio," commented Thomas Meyer, Auris Medical's founder, Chairman and CEO. "We are very pleased to have received the Notice of Allowance for the fluoroquinolone-poloxamer patent which goes back to our pioneering work on the use of biocompatible polymers for targeted, local delivery of therapeutic agents to the inner or middle ear."
About Auris Medical
Auris Medical is a Swiss biopharmaceutical company dedicated to developing therapeutics that address important unmet medical needs in otolaryngology. The Company is currently focusing on the development of treatments for acute inner ear tinnitus (AM-101) and for acute inner ear hearing loss (AM-111) by way of intratympanic injection with biocompatible gel formulations. In addition, Auris Medical is pursuing early-stage research and development projects. The Company was founded in 2003 and is headquartered in Zug, Switzerland. The shares of Auris Medical Holding AG trade on the NASDAQ Global Market under the symbol "EARS".
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"Auris Medical continues to build and reinforce its intellectual property portfolio," commented Thomas Meyer, Auris Medical's founder, Chairman and CEO. "We are very pleased to have received the Notice of Allowance for the fluoroquinolone-poloxamer patent which goes back to our pioneering work on the use of biocompatible polymers for targeted, local delivery of therapeutic agents to the inner or middle ear."
About Auris Medical
Auris Medical is a Swiss biopharmaceutical company dedicated to developing therapeutics that address important unmet medical needs in otolaryngology. The Company is currently focusing on the development of treatments for acute inner ear tinnitus (AM-101) and for acute inner ear hearing loss (AM-111) by way of intratympanic injection with biocompatible gel formulations. In addition, Auris Medical is pursuing early-stage research and development projects. The Company was founded in 2003 and is headquartered in Zug, Switzerland. The shares of Auris Medical Holding AG trade on the NASDAQ Global Market under the symbol "EARS".
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