The company has informed that the US patent number: 7,659,282 titled ‘Pharmaceutical Compositions Comprising Dextromethorphan and Quinidine for the Treatment of Neurological Disorders’, was issued on February 9, 2010. The new patent will provide Avanir with patent protection for low-dose quinidine formulations of Zenvia used to treat pseudobulbar affect (PBA).
Greg Flesher, vice president of business development at Avanir, said: “We are very pleased the USPTO has issued this patent for our new low-dose quinidine formulations of Zenvia in the treatment of PBA. The issuance of the new US patent was a significant milestone for the company and greatly enhances the intellectual property profile of Zenvia which includes patents and patent applications that claim methods of treating PBA, chronic pain, as well as other neurologic conditions.”
Keith Katkin, president and CEO of Avanir, said: “This new patent extends the period of Zenvia patent protection in the US and is an important part of our overall strategic plan. This new patent creates a foundation for our planned commercial launch in early 2011 and will provide approximately 15 years of revenue generation.
“The extended patent term is expected to considerably enhance the long-term value of our drug candidate Zenvia. With extensive IP protection, an FDA approval decision expected in the fourth calendar quarter of 2010, and a strong balance sheet.”