Business
Nexien BioPharma, Inc. Has Been Issued a U.S. Patent for the Methods and Compositions for Treating Non-Dystrophic Myotonia and Myotonic Dystrophies Types 1 and 2
Nexien BioPharma, Inc. Has Been Issued a U.S. Patent for the Methods and Compositions for Treating Non-Dystrophic Myotonia and Myotonic Dystrophies Types 1 and 2.
About this update from Nexien Biopharma, Inc.
[{"type":"text","content":"\nNexien BioPharma, Inc. (“Nexien” or the “Company”) (OTCQB: NXEN), a next generation biopharmaceutical company focused on research, development and commercialization of novel FDA-compliant cannabinoid pharmaceuticals and related drug delivery systems, today announced that on July 7, 2020, it was issued a patent (US10,702,495) by the United States Patent and Trademark Office (USPTO).. This patent covers methods and compositions for treating patients having non-dystrophic myotonia and myotonic dystrophies (DM Type 1 and DM Type 2) with oral formulations of cannabidiol and tetrahydrocannabinol.\n\n\nRichard Greenberg, CEO and Chairman of Nexien, stated, “This new patent covering the use of cannabinoids and/or terpenes for the treatment of myotonia and DM Type 1 and DM Type 2 represents another important milestone for Nexien. We believe that a cannabinoid-based formulation could be beneficial in treating the debilitating symptoms of myotonia and DM Type 1 and DM Type 2.”\n\n\nMr. Greenberg added, “The issuance of this patent provides a green-light to Nexien to further our previously funded pre-clinical investigation regarding the use of cannabinoids for these disorders conducted by Professor Benedikt Schoser, a world-renowned myotonic dystrophy and myotonia expert, at the University of Munich. We also believe that the issuance of this patent enhances Nexien’s ability to attract a financial or industry strategic partner to help further the Company’s research.”\n\n\nAbout Myotonia and Myotonic Dystrophies (DM)\n\n\nMyotonia refers to a neuromuscular condition in which the relaxation of a muscle is impaired and can affect any muscle group of the body. Because a repeated effort is required to relax the muscle, individuals with myotonia may have massive trouble with normal daily activities including releasing their grip on objects (e.g., knife, fork, and spoon), and having difficulty rising from a seated position, or beginning to walk. Patients suffering from myotonia often walk with a stiff, slow, and awkward gait.\n\n\nDM is an autosomal dominant transmitted genetic disorder that affects all parts of the human body but predominantly affects muscular function. Symptoms include gradually increased muscle loss and weakness. There is currently no cure for DM and various drugs are...