Q BioMed (OTCQB:QBIO) said its chemotherapeutic Uttroside B is expected to receive a patent in the U.S linked to liver cancer
The company noted that it received a notice of allowance from the U.S. Patent Office for the patent titled 'Uttroside-B and Derivatives Thereof as Therapeutics for Hepatocellular Carcinoma (HCC).'
Q BioMed said it has the exclusive rights to the technology through an agreement with the Rajiv Gandhi Centre for Biotechnology in India, and the Oklahoma Medical Research Foundation.
The company added that results from pre-clinical pharmacokinetic testing have been encouraging and the data supports advancing the program.