Propanc Biopharma (OTCQB:PPCB) said it received a notice of allowance from the European Patent Office (EPO) for claims involving compositions of proenzymes to treat cancer.
The company added that it was its second patent application allowed in this jurisdiction and expires in November 2036.
Propanc noted that a third patent application is currently under examination at the EPO for a method to treat cancer stem cells, which was allowed in March this year by the U.S. Patent and Trademark Office (USPTO).
Propanc said the field of the invention covers future dosing in planned clinical studies for its lead product candidate PRP.