Sigyn Therapeutics Discloses "DEVICES FOR ENHANCING THE ACTIVITY OF THERAPEUTIC ANTIBODIES" Patent Submission and Related ImmunePrep™ Trademark Application
May 17 2023 - 7:15AM
InvestorsHub NewsWire
SAN DIEGO, CA -- May 17, 2023 -- InvestorsHub NewsWire
-- Sigyn Therapeutics, Inc. ("Sigyn" or the "Company")
(OTCQB:
SIGY), a development-stage medical technology company,
disclosed today that it has submitted a provisional patent
application entitled: "DEVICES FOR ENHANCING THE ACTIVITY OF
THERAPEUTIC ANTIBODIES" to the United States Patent and Trademark
Office ("USPTO"). Associated with this patent submission, the
Company further disclosed that a trademark application to register
ImmunePrepTM has also been filed with the
USPTO.
ImmunePrepTM is a development-stage
commercialization platform for antibody-based immunotherapies and
their corresponding biosimilars. The platform is designed to permit
the potential creation of selective plasma depletion devices that
enhance the delivery of therapeutic antibodies without increasing
drug toxicity.
Therapeutic antibodies are market-cleared to treat a variety of
indications, including but not limited to Alzheimer's disease,
autoimmune disorders, and cancer. However, patient response to
these therapies is often suboptimal as just a small portion of
infused antibodies reach their intended therapeutic target. In many
cases, infused antibodies are bound by drug decoys that display the
antibody's antigen binding site on their surface. As a result,
these decoys are empowered to bind and sequester antibodies from
being delivered to their therapeutic targets (such as cancer
cells).
ImmunePrepTM is designed to allow for a
monoclonal antibody to be the active component of a selective
plasma depletion device that preemptively eliminates bloodstream
decoys that would subsequently block the infused delivery of the
same antibody. The mechanistic objective of this pre-treatment
strategy is to increase the availability of antibodies to interact
with their intended therapeutic targets without increasing drug
toxicity. Concurrently, the ability of therapeutic targets to evade
antibody interactions would be diminished.
The Company believes that the
ImmunePrepTM platform establishes a novel strategy
to create selective plasma depletion therapies that incorporate
either market-approved or clinical-stage monoclonal antibodies. As
of June 30, 2022, the Umabs antibody database reported 162 antibody
therapies to be market-approved by at least one regulatory agency,
including 122 approvals in the US, followed by 114 in Europe, 82 in
Japan and 73 in China. In December 2022, the Antibody Society
reported nearly 1200 therapeutic antibodies to be in clinical
studies.
The World Health Organization's (WHO) International Agency for
Research on Cancer projects the market for therapeutic monoclonal
antibodies will grow from $208.68 billion (USD) in 2023 to $566.72
billion (USD) in 2032.
About Sigyn Therapeutics™
Sigyn Therapeutics is a development-stage medical technology
company headquartered in San Diego, California. The Company's
therapeutic candidates include Sigyn Therapy™, ChemoPrep™,
ChemoPure™, and future products that may evolve from the
ImmunePrepTM platform.
Sigyn TherapyTM is a candidate to treat
pathogen-associated inflammatory disorders. The therapeutic blood
purification technology has been proven to deplete a broad-spectrum
of inflammatory cytokines, viral pathogens, and bacterial toxins
from human blood plasma. First-in-human clinical studies are being
directed toward the enrollment of end-stage renal disease patients
with endotoxemia and concurrent inflammation.
ChemoPrepTM is a candidate to enhance the
targeted delivery of chemotherapeutic drug agents and its system
component ChemoPureTM is designed to reduce the
post-treatment toxicity of chemotherapy.
ImmunePrepTM is a development-stage
commercialization platform for antibody-based immunotherapies and
their corresponding biosimilars. The platform allows the potential
creation of selective plasma depletion devices that enhance the
delivery of therapeutic antibodies without increasing drug
toxicity.
To learn more about Sigyn Therapeutics,
visit: www.SigynTherapeutics.com.
Cautionary Note Regarding Forward-Looking Statements
This information in this press release contains forward-looking
statements of Sigyn Therapeutics, Inc. ("Sigyn") that involve
substantial risks and uncertainties. All statements contained in
this summary are 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 that involve risks and
uncertainties. Statements containing words such as "may,"
"believe," "anticipate," "expect," "intend," "plan," "project,"
"will," "projections," "estimate," "potentially" or similar
expressions constitute forward-looking statements. Such
forward-looking statements are subject to significant risks and
uncertainties and actual results may differ materially from the
results anticipated in the forward-looking statements. These
forward-looking statements are based upon Sigyn's current
expectations and involve assumptions that may never materialize or
may prove to be incorrect. Factors that may contribute to such
differences may include, without limitation, the Company's ability
to clinically advance Sigyn Therapy in human studies required for
market clearance, the Company's ability to manufacture Sigyn
Therapy, the Company's ability to raise capital resources, and
other potential risks. The foregoing list of risks and
uncertainties is illustrative but is not exhaustive. Additional
factors that could cause results to differ materially from those
anticipated in forward-looking statements can be found under the
caption "Risk Factors" in the Company's Annual Report on Form 10-K
for the year ended December 31, 2022, and in the Company's other
filings with the Securities and Exchange Commission, including its
quarterly Reports on Form 10-Q. All forward-looking statements
contained in this report speak only as of the date on which they
were made. Except as may be required by law, the Company does not
intend, nor does it undertake any duty, to update this information
to reflect future events or circumstances.
Contact:
Jim Joyce
Chairman, CEO
Phone/Text: 619.368.2000
Email: jj@SigynTherapeutics.com
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