Galmed awarded patent for Aramchol meglumine salt by USPTO

Galmed Pharmaceuticals announced that the US Patent and Trademark Office, or USPTO, granted Galmed US Patent 11,571,431 B2, which is expected to provide exclusivity of Aramchol meglumine salt until December 2034. With the latest patent, Galmed is fortifying the IP protection of its lead compound, Aramchol, extending Aramchol’s IP protection until end of 2038. Similar composition of matter patents have been granted in Canada, Europe, Australia, China, Hong-Kong, Korea, Israel, Japan and other territories for Aramchol salts. Specifically, the invention provides the Aramchol amine salts and use thereof in medical treatment having advantageous physicochemical properties.