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European patent office awards CytRx patent for LADR platform

Sep. 07, 2022 10:26 AM ETLadRx Corporation (LADX) StockBy: SA News Team
  • CytRx Corporation (OTCQB:CYTR) said on Wednesday it had been awarded a patent by the European Patent Office that covers the incorporation of the LADR backbone in a variety of drug compounds.
  • The LADR backbone is attached to active pharmaceutical agents in order to target the agents to the diseased tissue.
  • The company also received a U.S. patent for its LADR platform.
  • CytRx has also pursued patent protection covering certain specific drugs that incorporate the LADR backbone.

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