Notice of acceptance of patent in Australia
Fusion Antibodies plc has received a notice of acceptance from IP Australia for its Australian patent application no. 2019365135, titled "Antibody Library and Method," which covers two families of antibodies and methods for designing antibody libraries. This patent, once granted, is expected to complement the company's "Opti" designed antibody libraries for applications such as antibody discovery, affinity maturation, and sequence optimisation. Fusion Antibodies is also progressing similar patent applications in Europe and China, and anticipates the Australian patent will be granted after administrative requirements and a three-month gazetting period are completed.
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Fusion Antibodies plc (AIM: FAB), specialists in pre-clinical antibody discovery, engineering and supply for both therapeutic drug and diagnostic applications, announces that IP Australia has issued a notice of acceptance in respect of the Company's Australian patent application no. 2019365135 (the "Patent Application").
The Patent Application entitled "Antibody Library and Method", covers two families of antibodies, and the methods for designing such antibody libraries. The patent, once granted, is expected to be complementary to Fusion's offering to provide "Opti" designed antibody libraries for a range of applications including: Antibody Discovery; Affinity Maturation; and Sequence Optimisation.
The Company continues to progress additional patent applications in respect of the OptiMAL® Library in several other territories worldwide including Europe and China.
Receipt of a notice of acceptance indicates that the claims in the Patent Application are patentable and does not in itself represent a grant of patent rights. Fusion anticipates that the patent will be granted in due course, following completion of certain administrative requirements, including payment of the applicable fees, and the successful completion of a three-month gazetting period.
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