FOUNTAIN PHARMACEUTICALS RECEIVES U.S. PATENT
FOUNTAIN PHARMACEUTICALS RECEIVES U.S. PATENT LARGO, Fla., April 22 /PRNewswire/ -- Fountain Pharmaceuticals, Inc.
(NASDAQ: FPHI) announced today that the U.S. Patent and Trademark Office has issued a Notice of Allowance with respect to the company's patent application for "A Dressing Material Having Absorbed Thereon a Solvent Dilution Microcarrier Precursor Solution."
This will be the company's first U.S. patent to incorporate its proprietary SDMC technology. The company's SDMC technology matured to patent status last year in Spain. The company has various other pending worldwide patent applications relating to this technology. Other embodiments of the company's SDMC technologies contained in the allowed patent application will now be prosecuted by the company in separate patent applications which will enjoy the same filing date as the issuing patent. Dr. Michael Fountain, chairman of the board and chief executive officer of Fountain Pharmaceuticals, expressed pleasure at the Notice of Allowance of the company's patent, stating, "The allowance of this patent further secures the company in its proprietary technology and differentiates same from other microencapsulation methodologies." Fountain Pharmaceuticals, Inc. is a development-stage company that specializes in the application of encapsulated drug delivery systems for the purpose of improving drug compound delivery and enhancing effectiveness of existing products. Fountain also develops proprietary products with applications in the human health care and consumer goods industries. /delval/ -0- 4/22/92 /CONTACT: Dr. Michael Fountain of Fountain Pharmaceuticals, 813-392-5300/ (FPHI) CO: Fountain Pharmaceuticals, Inc. ST: Florida IN: MTC SU:
JS-LJ -- PH016 -- 1164 04/22/92 10:35 EDT
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|Date:||Apr 22, 1992|
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