Artelo Biosciences Inc ARTL:NASDAQ

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Artelo Biosciences Receives Patent Covering Means for Treating Medical Conditions Using Cannabidiol Cocrystal Composition

10:34AM ET 3/02/2022 MT Newswires
Artelo Biosciences (ARTL) said Wednesday the US Patent and Trademark Office issued a notice of allowance for a patent application pertaining to ART12.11, a cocrystal composition of cannabidiol.

The patent claims means for treating medical conditions pertaining to central nervous system disorders and autoimmune disorders, among others, the biopharmaceutical company said.

Artelo said it also has pending foreign applications for patents focused on cocrystal composition-of-matter and method of use.

Shares rose 6% in morning trading.

Price: 0.42, Change: +0.02, Percent Change: +6.05