Gemphire Therapeutics Strengthens Intellectual Property with Granting of European Patent for Gemcabene
Elevated triglycerides are often caused by an inherited disorder or exacerbated by uncontrolled diabetes mellitus, obesity, hypothyroidism and sedentary habits. Patients with triglycerides greater than 500 mg/dL, or severe hypertriglyceridemia (SHTG), have increased risk of developing pancreatitis, a painful and potentially life-threatening inflammation of the pancreas, and Type 2 diabetes. There are over 3 million patients in
Dr.
The recently issued European patent is expected to provide coverage into 2031. Corresponding patents for gemcabene have also been granted in
“Establishing a robust intellectual property estate is a fundamental objective for Gemphire and these patents for gemcabene relating to the SHTG indication strengthen and expand our coverage in one of our three targeted dyslipidemia patient populations,” said
Gemphire is initiating a Phase 2b trial, INDIGO-1 in SHTG patients. More information on the trial NCT02944383 can be found at www.clinicaltrials.gov
About Gemphire
Gemphire is a clinical-stage biopharmaceutical company focused on developing and commercializing therapies for the treatment of dyslipidemia, a serious medical condition that increases the risk of life threatening cardiovascular disease, and NAFLD/NASH (nonalcoholic fatty liver disease). Please visit www.gemphire.com for more information.
Forward Looking Statements
Any statements in this press release about Gemphire’s future expectations, plans and prospects, including statements about Gemphire’s financial prospects, future operations and sufficiency of funds for future operations, clinical development of Gemphire’s product candidate, expectations regarding future clinical trials and future expectations and plans and prospects for Gemphire and other statements containing the words "believes," "anticipates," "estimates," "expects," "intends," "plans," "predicts," "projects," "targets," "may," "potential," "will," "would," "could," "should," "continue," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the success and timing of Gemphire’s regulatory submissions and pre-clinical and clinical trials; regulatory developments; changes to Gemphire’s clinical trial designs and regulatory pathways; changes in Gemphire’s capital resource requirements; Gemphire’s ability to obtain additional financing; Gemphire’s ability to successfully market and distribute its product candidate, if approved; Gemphire’s ability to obtain and maintain its intellectual property protection; and other factors discussed in the "Risk Factors" section of Gemphire’s Quarterly Report on Form 10-Q for the quarterly period ended
CONTACT:Andrew McDonald , Ph.D.LifeSci Advisors, LLC (646) 597-6987Jeff Mathiesen , CFOGemphire Therapeutics Inc. (734)-245-1700