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EMMA

Emmaus Life Sciences

$0.00

(0.00%)

07:36
10/09/19
10/09
07:36
10/09/19
07:36

Emmaus Life Sciences granted patent in India for use of PGLG

Emmaus Life Sciences announced the allowance by the Indian Patent Office of its patent application for methods and compositions of pharmaceutical-grade L-glutamine for the treatment of diverticulosis. The allowance of this application follows the issuance of corresponding patents in the United States, Europe, Japan, Australia, Mexico, China, Indonesia, South Korea and Russia. Patent applications are currently pending in various jurisdictions around the world, including Brazil. The allowed Indian patent application reports a significant reduction in the number of intestinal diverticula, the primary indicator of diverticulosis, through the therapeutic application of PGLG. The covered invention is directed to methods and compositions for the treatment of diverticulosis. More specifically this patent is directed to compositions including PGLG or uses of such compositions in the treatment of diverticulosis. Diverticulosis refers to a condition where small pouches form along the colon wall of the digestive tract. Over time, these pouches can often become inflamed and infected. Emmaus announced the initiation of the company's Pilot/Phase 1 clinical study of the treatment of diverticulosis with PGLG on July 8, 2019.

EMMA Emmaus Life Sciences
$0.00

(0.00%)

09/24/19
DAWS
09/24/19
DOWNGRADE
DAWS
Neutral
Emmaus Life Sciences downgraded to Neutral from Buy at Dawson James
Dawson James analyst Jason Kolbert downgraded Emmaus Life Sciences to Neutral from Buy while MYnd Analytics works towards an IPO after having combined with Emmaus in July. While his assumptions for MYnd's business are unchanged and he is fundamentally a believer in the company's science and technology, Kolbert originally expected the company to raise between $12M-$15M, or a year's worth of operating capital, in its IPO, which may have changed and gives him reason for concern. Raising less money may not provide enough capital to get to "break-through" revenues, said Kolbert.

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BWA

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WYNN

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SFIX

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NTRA

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AQST

Aquestive Therapeutics

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17:45
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