Qualigen Therapeutics granted patent for QN-302 by USPTO

Qualigen Therapeutics announces the United States Patent and Trademarks Office, USPTO, has granted the Company patent number 11,560,380 for QN-302, its lead oncology investigational drug candidate, a small molecule selective transcription inhibitor with strong binding affinity to G4 complexes prevalent in cancer cells being investigated for solid tumors, including pancreatic cancer. The patent protects composition of matter for QN-302 and back-up compounds, with exclusivity to the Company into 2040. Concurrently, the Company has received Notice of Intent from the European Patent Office to grant a similar patent in the E.U. "A key pillar in the development of therapeutic drugs is a company’s intellectual property portfolio," commented Michael Poirier, CEO and Chairman of Qualigen. "This particular U.S. patent is of paramount importance to us, as it protects the formulation itself and is integral to our development of QN-302. Further, it strengthens our strategic position as we complete the necessary steps toward submission of an Investigational New Drug application in the coming months. We look forward to providing additional updates as they develop."