Palatin Technologies Says USPTO Issues Patent On Vyleesi For Hypoactive Sexual Desire Disorder

RTTNews | 913 일 전
Palatin Technologies Says USPTO Issues Patent On Vyleesi For Hypoactive Sexual Desire Disorder

(RTTNews) - Biopharmaceutical company Palatin Technologies, Inc. (PTN) announced Tuesday that the United States Patent and Trademark Office issued U.S. Patent No. 11,590,209, titled "Use of Bremelanotide in Patients with Controlled Hypertension."

This issued patent further strengthens the Company's intellectual property position and coverage for the Company's approved therapeutic product for hypoactive sexual desire disorder in premenopausal women, Vyleesi.

The patent has, with patent terms adjustments, a term through April 29, 2041. The claims of the patent relate to use of bremelanotide, marketed by the Company under the trade name Vyleesi, for treatment of female sexual dysfunction in patients with controlled hypertension. The patent is solely owned by the Company.

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Palatin Technologies Completes Sale Of Vyleesi To Cosette Pharma For Up To $171 Mln

Palatin Technologies Completes Sale Of Vyleesi To Cosette Pharma For Up To $171 Mln

Biopharmaceutical company Palatin Technologies, Inc. (PTN) announced Wednesday the sale of Vyleesi to US-based speciality pharmaceutical company Cosette Pharmaceuticals for up to $171 million, consisting of an upfront purchase price of $12 million plus contingent, sales-based milestone payments of up to $159 million.
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