Entropin Issued Composition-of-Matter Patent by the European Patent Office.Business Editors & Health/Medical Writers INDIO, Calif.--(BUSINESS WIRE)--July 23, 2001 Entropin Inc. (Nasdaq:ETOP ETOP Engineering Turnover Package ETOP Expedited Task Order Process ) (Nasdaq:ETOPW), a specialty pharmaceutical company developing new therapeutics for painful soft tissue injuries and diseases, today announced that the European Patent Office (EPO EPO see erythropoietin. EPO Erythropoietin, see there ) has issued a patent based on Entropin's primary composition patent application, "Derivatives of Benzoylecgonine, Ecgonine, And Ecgonidine And Methods Of Preparing and Using the Same." This European patent covers Esterom(R), a topical therapeutic under development for the treatment of painful soft tissue injuries and diseases, which is currently the Company's main area of focus. The patent will be effective in Austria, Belgium, Switzerland, Germany, Denmark, Spain, France, Greece, Ireland, Italy, Luxembourg, Monaco, the Netherlands, Portugal, Sweden and the United Kingdom upon naturalization naturalization, official act by which a person is made a national of a country other than his or her native one. In some countries naturalized persons do not necessarily become citizens but may merely acquire a new nationality. in each country. In addition to the 16 countries designated in the EPO patent application, patents based on this application have been issued in Australia, Canada, China, Israel, Japan, Mexico, New Zealand, Poland, South Africa, Taiwan and the United States. Thomas G. Tachovsky, Ph.D., Entropin's president and chief executive officer, commented, "The granting of our composition patent by the EPO provides the strongest possible protection for Entropin's technology and intellectual property in the European Union. Including the individual European patents highlighted in today's announcement, Entropin's intellectual property portfolio features nine issued U.S. patents, seven of which cover compositions-of-matter, and thirty-eight issued foreign patents." A second Entropin patent application, titled "Benzoylecgonine, Ecgonine and Ecgonidine Derivatives," is currently under consideration by the EPO. This application is directed to the covalent co·va·lent adj. Of or relating to a chemical bond characterized by one or more pairs of shared electrons. linking of Esterom(R) components with other drugs including aspirin, ibuprofen ibuprofen (ī`by prō'fən), nonsteroidal anti-inflammatory drug (NSAID) that reduces pain, fever, and inflammation. , naproxen naproxen and naproxen sodium, potent nonsteroidal anti-inflammatory drugs (NSAID) used to alleviate the minor pain of arthritis, menstruation, headaches, and the like, and to reduce fever. and acetaminophen acetaminophen (əsēt'əmĭn`əfĭn), an analgesic and fever-reducing medicine similar in effect to aspirin. It is an active ingredient in many over-the-counter medicines, including Tylenol and Midol. . Three patents have already been issued to Entropin in the U.S. based on this application. The Company believes that the combination of certain Esterom(R) components with any of these common drugs may lead to a number of new pharmaceutical products. The Company is currently in late stage clinical trials in anticipation of the submission of a New Drug Application (NDA (Non Disclosure Agreement) An agreement signed between two parties that have to disclose confidential information to each other in order to do business. In general, the NDA states why the information is being divulged and stipulates that it cannot be used for any ) to the U.S. Food and Drug Administration (FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. ) seeking approval of Esterom(R) for the treatment of painful soft tissue injuries of the shoulder. About Entropin Entropin Inc. is a pharmaceutical research and development company, initially focused on the development of Esterom(R), a novel topical therapeutic for the treatment of painful soft tissue injuries, such as tendonitis tendonitis /ten·do·ni·tis/ (ten?do-ni´tis) tendinitis. ten·do·ni·tis n. Variant of tendinitis. or back sprain, that result in impaired function. This news release includes forward-looking statements that reflect Entropin's current views with respect to future events and financial performance. The words "believe," "expect," "anticipate," and similar expressions identify forward-looking statements. Forward-looking statements are subject to a variety of risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed in any such forward-looking statements. These factors include, but are not limited to: (1) the ability to successfully complete development and commercialization of products, including the cost, scope and results of pre-clinical and clinical testing; (2) the ability to successfully complete product research and further development, including pre-clinical and clinical studies; (3) the time, cost and uncertainty of obtaining regulatory approvals; (4) the ability to obtain substantial additional funding; (5) the ability to develop and commercialize products before competitors; and (6) other factors detailed from time to time in filings with the Securities and Exchange Commission. |
|

prō'fən)
Printer friendly
Cite/link
Email
Feedback
Reader Opinion