Impact Biomedical, Inc. Announces U.S. Patent Allowance of Laetose™ Technology Entitled "Low Glycemic Sugar Composition."
January 30 2024 - 8:05AM
Impact Biomedical Inc. (IBIO), in which DSS Inc.(NYSE American:
DSS) has a significant investment, is thrilled to announce a
milestone in its innovative Laetose™ technology platform. The U.S.
Patent and Trademark Office (USPTO) has issued U.S. patent #
11,898,184, entitled "Low Glycemic Sugar Composition" developed
within this platform.
The Laetose™ technology demonstrates
compelling potential in reducing caloric intake and glycemic index
in foods, while also inhibiting tumor necrosis factor alpha
(TNF-α), a cytokine associated with inflammatory chronic
diseases.
The patented formulation is a novel
combination of one or more sugars and myo-inositol, with potential
to inhibit the inflammatory and metabolic response of sugar alone.
This marks the first Laetose™ patent issued in the U.S.,
emphasizing IBIO’s commitment to discovering, developing, and
patenting unique technologies to address unmet needs in human
healthcare. The term of this US patent will expire in 2037.
The patented Laetose™ composition
consists of an effective amount of sugar and myo-inositol, with
potential applications in therapeutic administration to reduce or
limit inflammatory or metabolic diseases (e.g., diabetes). The
composition mitigates a TNF-α response to the sugar.
Potential Applications and
Market Impact:
- US Inflammatory Disease Treatment Market:
Estimated at $35B (source: Precedence Research 2022)
- US Diabetes Treatment Market: Currently at
$30B and projected to grow to $61B by 2028 (source: GlobeNewswire
2022)
- US Refined Sugar Production Market: Valued at
$12B and expected to grow to $26B by 2028 (source: Knowledge
Sourcing Intelligence)
Impact Biomedical CEO Frank D. Heuszel
commented, “This is another demonstration of our commitment to
address critical unmet needs in human healthcare. We are
accelerating discussions with potential licensing and development
partners to move Laetose™ rapidly towards the market in the US and
other countries worldwide.”
About Impact Biomedical,
Inc.: Impact Biomedical Inc. (“IBIO”) discovers, confirms,
and patents unique science and technologies resulting in new
offerings in human healthcare and wellness. IBIO works closely with
licensing, co-development, joint ventures, and other relationships
to bring these offerings to market. For more information, visit
Impact Biomedical, Inc.
About DSS, Inc.: DSS
is a multinational company operating businesses within four
diversified market sectors. For more information on DSS, visit DSS
World.
Safe Harbor
Disclosure: This press release contains forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
These statements are subject to risks and uncertainties that may
cause actual results or events to differ materially from those
projected. Readers are cautioned not to place undue reliance on
forward-looking statements, which speak only as of the date.
Investor Relations and Media
Contact:
Contact:
DSS Inc. Investor Relations
IR@dssworld.com
+1 (585) 565-2422
DSS (AMEX:DSS)
Historical Stock Chart
From Dec 2024 to Jan 2025
DSS (AMEX:DSS)
Historical Stock Chart
From Jan 2024 to Jan 2025