Biotechnology company Enveric Biosciences Inc (NASDAQ:ENVB) announced on Wednesday that it has received a second Notice of Allowance from the United States Patent and Trademark Office for novel compounds in its EVM401 Series, strengthening its intellectual property portfolio in neuropsychiatric drug development.
The approved patent covers a class of methylone-inspired, non-hallucinogenic mescaline derivatives designed as modulators of neurotransmitters linked to psychiatric conditions, including post-traumatic stress disorder.
These benzodioxole analogs are structurally distinct from methylone, an MDMA analog recently linked to positive Phase 2 data in PTSD, and offer patentable differentiation, unlike methylone, which lacks composition of matter protection.
Enveric's proprietary compounds are engineered to deliver therapeutic benefit without hallucinogenic effects, potentially easing regulatory hurdles and enabling broader clinical application.
The company anticipates further preclinical testing to assess safety, pharmacokinetics, and activity against PTSD and related psychiatric disorders.
This second patent allowance supports the expansion of Enveric's pipeline and aligns with its strategy to develop next-generation neuroplastogenic therapeutics.
Relay Therapeutics wins FDA breakthrough status for zovegalisib in breast cancer treatment
DATROWAY receives US priority review for first-line metastatic triple negative breast cancer
Valneva and Instituto Butantan launch pilot chikungunya vaccination campaign in Brazil
Lupin launches Dasatinib tablets in US market
WuXi Biologics enters into licence and research service agreement with Vertex Pharmaceuticals
Natera submits Signatera CDx PMA to FDA for bladder cancer use
Pharming receives FDA complete response letter for paediatric Joenja application
Astrazeneca Imfinzi perioperative regimen gains positive EU CHMP opinion in early gastric cancer
I Peace generates human iPS cells from NKT cells and offers them for research use
Trace Biosciences' IND application for nerve-specific imaging agent approved by FDA
Frontage expands early phase clinical research capabilities across US and China
AstraZeneca agrees obesity and type 2 diabetes collaboration with CSPC
Ascletis Pharma Inc reports topline results from Phase III open-label study of denifanstat
Innovative Molecules GmbH completes Phase 1 clinical development programme for adibelivir
MicuRx Pharmaceuticals' IND application for MRX-5 cleared by FDA