Recce Pharmaceuticals Ltd (ASX:RCE) (Company), the Company developing a new class of broad spectrum synthetic antibiotics, today announced that Australian patent WO2016/077879 ‘Copolymer and Method for Treatment of Bacterial Infection’, has been accepted for grant by the Australian Patent Office.
SYDNEY, Australia - 31 July 2018 - Recce Pharmaceuticals Ltd (ASX:RCE) (Company), the Company developing a new class of broad spectrum synthetic antibiotics, today announced that Australian patent WO2016/077879 ‘Copolymer and Method for Treatment of Bacterial Infection’, has been accepted for grant by the Australian Patent Office. The patent is the first of Recce’s patent family 2 (Multi Drug Applications) and offers significant additional market monopolies to November 2034.
The Australian patent contains 34 claims, covering Recce’s broad spectrum antibiotic compounds (herein RECCE® antibiotics), including its lead candidate RECCE® 327, with particular coverage of:
- Composition/method of manufacture of RECCE® antibiotics
- Use of RECCE® antibiotics for the treatment of bacterial infections in the blood (bacteraemia - sepsis), meninges, lungs, urinary tract, sinuses, skin, wounds and abscesses – caused by Gram-positive (G+) and Gram-negative (G-) bacteria, including in their superbug forms
- Prevention of bacterial infection from surgical procedures
- Administration of RECCE® antibiotics by oral, injection, inhalation and transdermal application
Examples of some of the G+, G- and superbug forms of common bacteria covered under the patent include Pseudomonas aeruginosa, Neisseria meningitidis, Escherichia coli, Klebsiella pneumoniae, Enterococcus species, Proteus species, Staphylococcus species and Streptococcus species. These bacteria cause serious and at times life-threatening infections such as septicaemia, meningitis, meningococcal disease, urinary tract infection, wound infections and pneumonia.
Recce’s commercialisation strategy includes the expansion of its wholly-owned (without caveat), patent family estate. This newly awarded patent expands opportunities/protection of the Company’s inventions, as represented through a series of granted and patent-pending families, including patent family 1 covering Methods of Manufacture, patent family 2 Multi-drug applications and patent family 3 Anti-viral uses. Family 2 patents filed in Europe and the USA are in their respective late stages of review.
Recce Executive Chairman, Dr Graham Melrose, said: “Recce’s broad international strategy to protect and build its unique technology continues to significantly advance. This Australian patent, the first of many international applications under Patent Family 2, further strengthens the Company’s overall IP position.”
