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EXACT Therapeutics Secures U.S. Patent for Innovative Drug Delivery Technology

Story Highlights
  • EXACT Therapeutics specializes in ultrasound-based targeted drug delivery in oncology.
  • EXACT received a U.S. patent for its drug delivery technology, enhancing its market position.
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EXACT Therapeutics Secures U.S. Patent for Innovative Drug Delivery Technology

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EXACT Therapeutics AS ( (DE:56F) ) has provided an update.

EXACT Therapeutics AS has been granted a U.S. patent for its ultrasound-mediated drug delivery technology, which includes the proprietary agent PS101 and Acoustic Cluster Therapy (ACT®). This patent strengthens EXACT’s position in the U.S., the largest pharmaceutical market, and supports their ongoing Phase 2 trial for pancreatic cancer treatment, marking a significant milestone in their development efforts.

More about EXACT Therapeutics AS

EXACT Therapeutics AS is a clinical-stage precision medicine company specializing in targeted drug delivery in oncology using ultrasound and microbubbles. Their proprietary Acoustic Cluster Therapy (ACT®) can be applied to a variety of therapeutic agents in oncology and other indications such as brain diseases. The company is publicly traded on Euronext Growth Oslo under the ticker EXTX.

Average Trading Volume: 31,429

Current Market Cap: NOK178.4M

For a thorough assessment of 56F stock, go to TipRanks’ Stock Analysis page.

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