The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Recce Pharmaceuticals (RCE) receives a notification of intent to grant an Australian patent for synthetic anti-infectives
  • The grant from the Australian Patent Office relates to the RECCE 327 (R327) and RECCE 529 (R529) formulations, marking the final patent of “Family three”
  • This patent follows those already granted in the biggest pharmaceutical markets in the world, and will expire in November 2037
  • Recce’s CEO James Graham says receiving this notice is another milestone in the company’s global IP strategy
  • Shares in Recce are up 4.62 per cent, trading at 68 cents as of 12:40 pm AEDT

Recce Pharmaceuticals (RCE) has been issued a notification of intent to grant Recce’s Patent family Three.

The patent, entitled “Anti-Virus Agent and Method for Treatment of Viral Infection” relates to its RECCE 327 (R327) and anti-viral formulation RECCE 529 (R529).

The patent most notably claims the composition and method of manufacture of RECCE anti-infectives, the use of either for the treatment of viruses having a lipid envelope or
coat and administering by oral, injection, inhalation and transdermal dose applications.

This marks the final patent of “Family 3”, following those already granted in the biggest pharmaceutical markets in the world such as China, Europe and Hong Kong.

CEO James Graham said receiving the notice to grant is another milestone in the company’s global IP strategy and is further validation to the potential importance of
our infectious disease compounds.

Like the other patents in the “Family 3”, the Australian patent will expire in November 2037.

Shares in Recce were up 4.62 per cent, trading at 68 cents as of 12:40 pm AEDT.

rce by the numbers
More From The Market Online

Amplitude Energy purchases Artisan gas field from Beach Energy

Amplitude Energy plans to fast-track development of the Artisan gas field and the ECSP in the…

‘We expect the grade to improve’: Meeka intersects first development ore at Judy North

Meeka Metals is ramping up activities in WA with the continued expansion of development at the…
The ASX Today feature image with a blue Australia silhouette (STOCK) beside The Market Link column branding.

The ASX Today: Aussies eventually warm up to peace news; Qantas jumps, Wall Street futes green

Greetings and welcome to HotCopper’s the ASX Today for Monday of Week 22, I’m Jonathon Davidson, and while the ASX eventually reacted positively to the Donald

Desert Metals extends Tiogo gold anomaly with soil sampling at Tengrela South

Desert Metals has identified a significant new target at its Tengrela South gold project in northern…