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Karolinska Development AB ( (SE:KDEV) ) has shared an announcement.
Karolinska Development’s portfolio company, Dilafor, has received a US patent for its drug candidate tafoxiparin, which is used in the priming of labor. This patent secures intellectual property protection until at least May 2043, positioning Dilafor to advance tafoxiparin into Phase 3 clinical trials. The drug’s unique mechanism could reduce the need for traditional labor induction methods, offering a safe at-home treatment option and potentially lowering healthcare costs. This development aligns with recent guidelines recommending earlier labor induction, potentially increasing demand for such interventions.
More about Karolinska Development AB
Karolinska Development AB is a Nordic life sciences investment company focused on identifying breakthrough medical innovations in the Nordic region. The company invests in the creation and growth of companies that advance these innovations into commercial products, aiming to improve patients’ lives and provide attractive returns to shareholders. It has a portfolio of eleven companies targeting innovative treatments for life-threatening or serious debilitating diseases.
Average Trading Volume: 308,343
Current Market Cap: SEK242M
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