Aikido Pharma Inc AIKI:NASDAQ

Last Price$5.99NASDAQ Closing Price as of 4:00PM ET 7/01/22

Today's Change+0.09(1.53%)
Bid (Size)$5.82 (20)
Ask (Size)$5.99 (18)
Day Low / High$5.83 - 6.09
Volume106.2 K

AIkido Secures New US Patent for Pancreatic Cancer Drug, Reports New Manufacturing Process

11:13AM ET 3/03/2022 MT Newswires
AIkido Pharma (AIKI) said Thursday it secured an additional US patent covering claims for its pancreatic cancer drug DHA-dFdC.

The new patent is valid until May 2035.

The biotechnology firm also said it filed a continuation patent application to expand the patent coverage to other aspects of the drug.

Meanwhile, AIkido said it entered into another deal with its contract manufacturer, Parimer Scientific, to use a newly developed manufacturing process for DHA-dFdC.

The new manufacturing process will enable the production of "several thousand milligrams" of the drug for use in formulation development and stability studies, the company said.

AIkido shares were 1.4% higher in morning trading.