Arovella Therapeutics (ASX:ALA) has received a Notice of Allowance from the US Patent and Trademark Office for a patent covering its invariant Natural Killer T (iNKT) cell therapy platform to treat blood cancers and solid tumours, according to a Thursday filing with the Australian bourse.
The patent covers the manufacturing of Chimeric Antigen Receptor (CAR)-iNKT cells and once granted will offer protection in the US until at least Feb. 28, 2039, the filing said.
Shares of the company rose 5% in recent Thursday trade.