NEW YORK, March 8, 2011 (GLOBE NEWSWIRE) -- Intellect Neurosciences, Inc. (OTCBB:ILNS), a biopharmaceutical company with an internal preclinical and clinical-stage pipeline and licenses with major pharmaceutical companies covering products in late-stage clinical trials, announced today that it has received a new patent from the United States Patent and Trademark Office (“USPTO”) in relation to the Company’s RECALL-VAXTM technology platform. Patents for RECALL-VAXTM have been issued in Europe, Australia, New Zealand and South Africa, and corresponding patent applications are pending in Canada, China, Japan and Israel. RECALL-VAXTM is a method to immunize people to produce highly specific natural antibodies against the beta amyloid (“Aß”) protein before it causes irreversible damage by accumulating in the brains of Alzheimer’s patients. The vaccine has the potential to delay onset or prevent Alzheimer’s disease in individuals susceptible by age, genetic or other risk factor. The approach can be applied to additional therapeutic targets associated with Alzheimer’s and other neurodegenerative conditions. Professor Benjamin Chain, Department of Immunology, UCL School of Life and Medical Sciences, London, UK, is the inventor of RECALL-VAXTM. Professor Chain, brother of Dr. Daniel Chain, Intellect’s Chairman and Chief Executive Officer, is a member of the Company’s scientific advisory board.
