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Cardio Diagnostics Holdings Inc Announces Expansion of IP Portfolio with Notice of Allowance of Patent Application
CHICAGO--(BUSINESS WIRE)-- Cardio Diagnostics Holdings Inc (Nasdaq: CDIO), an artificial intelligence-powered precision cardiovascular medicine company,
About this update from Cardio Diagnostics Holdings Inc.
[{"type":"text","content":" CHICAGO--(BUSINESS WIRE)--\nCardio Diagnostics Holdings Inc (Nasdaq: CDIO), an artificial intelligence-powered precision cardiovascular medicine company, today announced that China’s Patent Office has issued a Notice of Allowance to the University of Iowa Research Foundation (“UIRF”) for Chinese Patent Application No. 201780049286.4, titled “Compositions and Methods for Detecting Predisposition to Cardiovascular Disease.”\n\nThe patent is exclusively licensed to the Company from UIRF and was co-invented by Cardio Diagnostics’ founders, Meesha Dogan, Ph.D., and Robert Philibert, MD, Ph.D., the Chief Executive Officer and Chief Medical Officer of the Company, respectively. A Notice of Allowance means that the Chinese Patent Office has determined that the invention meets the requirements for patentability. After paying the required fees, the Chinese patent will be issued. Patents have already been granted to the same family of intellectual property claims in the United States and Europe.\n\n“We are excited to receive the Notice of Allowance in China as it represents a significant step toward our goal to continue to expand and strengthen our IP position,\" said CEO Meesha Dogan, Ph.D. “As a precision medicine company building solutions that are backed by a robust and growing IP portfolio, we are committed to improving healthcare outcomes globally.”\n\n\"At the UIRF, we are dedicated to supporting innovation that has the potential to transform healthcare and save lives globally,\" said Marie Kerbeshian Ph.D., executive director of the UIRF. \"Cardio Diagnostics is a shining example of the groundbreaking work happening here at the University of Iowa and its global impact. We are thrilled to be a part of their journey. We believe that their innovative solutions driven by Artificial Intelligence for the prevention and early detection of heart disease will have a profound impact on patient outcomes, and we look forward to seeing their continued success in America and beyond.\"\n\nAbout Cardio Diagnostics\n\nCardio Diagnostics is an artificial intelligence-powered precision cardiovascular medicine company that makes cardiovascular disease prevention and early detection more accessible, personalized, and precise. The Company was formed to further develop and commercialize clinical tests by leveraging a proprietary Artificial Intelligence ...