Imugene Receives Notice of US Patent Allowance; Shares Hit Seven-Year Low

MT Newswires Live

06/18

Imugene (ASX:IMU) received a notice of allowance from the US Patent and Trademark Office for patent application number 16/637,909, protecting its oncolytic virotherapy CF33-CD19 and its combination with CD19 targeting CAR T cell therapies, according to a Wednesday filing with the Australian bourse.

The patent offers protection for the method of composition and method of use through to Aug. 10, 2038, the filing said.

Shares fell past 7% in midday trade Wednesday and hit their lowest since January 2018.

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