Specialty pharmaceutical company iX Biopharma announced that it has been granted a patent in Israel (Patent no. 238104) for its WaferiX™ drug delivery technology.

The patent will expire on 11 October 2033 and will provide key intellectual property protection for the Singapore-listed company's WaferiX™ delivery technology platform in Israel.

Further, iX Biopharma updated that following its announcement on 9 June 2020 that it had received a notice of allowance from the United States Patent and Trademark Office for WaferiX™(U.S. Patent Application No 13/504,309), the patent has now been issued as Patent no. 10,744,086.

The patent will expire on 26 October 2030.


Watch iX Biopharma's WaferiX video:  


WaferiX™ is a multiple drug carrier platform technology that allows pharmacologically active compounds, such as ketamine and sildenafil, to be administered sublingually (i.e. placed under the tongue) and delivered safely, conveniently and rapidly into the blood stream.

Produced via the Group’s proprietary freeze-drying technique, the porous and amorphous WaferiX™ matrix holding the active molecules is designed to collapse quickly within the sublingual space.

Stock price 

23 c

52-week range

13 – 35 c

Market cap

S$159 m

PE (ttm)

-

Dividend yield 

-

Year-to-date 
return

10%

Shares outstanding

693 m

Source: Bloomberg

The molecules can then be transported rapidly across the sublingual membrane into the blood vessels for a rapid onset of action in the body.

The technology has also been proven to increase the bioavailability of drug actives as well as predictability of effect.

With Israel’s grant of patent, iX Biopharma’s intellectual property rights for its sublingual wafer technology is now secured in 5 continents and all key markets including the United States, China, Australia, New Zealand, Singapore, Japan, South Korea, India, Malaysia, and Indonesia, countries in the European Union and others.


Share Prices

Counter NameLastChange
AEM Holdings3.400-0.040
Avarga0.250-0.010
Avi-Tech Electronics0.425-
Best World Int.1.360-
CEI0.9600.010
China Sunsine0.475-0.010
CNMC GoldMine0.270-
CSE Global0.475-0.005
Food Empire0.605-0.005
Golden Energy0.158-0.001
GSS Energy0.059-0.002
ISDN Holdings0.415-0.010
ISOTeam0.144-0.002
IX Biopharma0.240-0.010
JB Foods0.580-
KSH Holdings0.340-0.005
Medtecs Intl0.860-0.015
Moya Asia0.069-0.003
Nordic Group0.235-0.005
Oxley Holdings0.2400.010
Procurri0.2900.010
REX International0.155-
Riverstone1.350-
Roxy-Pacific0.360-0.030
SingMedical0.260-0.005
Sri Trang Agro1.180-0.010
Straco Corp.0.500-
Sunningdale Tech1.510-
Sunpower Group0.675-0.025
The Trendlines0.093-0.004
UG Healthcare0.650-0.015
Uni-Asia Group0.625-
Yangzijiang Shipbldg0.935-0.015

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 1013 guests and no members online