In June 2008, the United
States Patent and Trademark Office (the “USPTO”) issued to the
Company a Notice of Allowance for a non-provisional patent
application titled “Methods and Compositions for Deterring Abuse
of Opioid Containing Dosage Forms”. A U.S. patent relating to
this Notice of Allowance will be granted after the Company pays
the required patent issue fees. This provides the Company with
21 new allowed patent claims intended to enhance and broaden the
patent coverage provided by the 54 issued claims in the
Company's first patent relating to deterring abuse of opioids.
In April 2007, the
United States Patent and Trademark Office (the “USPTO”) issued to the Company U.S. Patent No. 7,201,920 titled ”Methods and
Compositions for Deterring Abuse of Opioid Containing Dosage
Forms”. The 54 allowed patent claims
encompass pharmaceutical
compositions intended to reduce or discourage the three most
common methods of prescription opioid analgesic product misuse
and abuse (the Company's "Aversion® Technology") including; (i)
intravenous injection of dissolved tablets or capsules; (ii)
snorting of crushed tablets or capsules and; (iii) intentionally
swallowing excess quantities of tablets or capsules. The opioid
analgesics in the issued patent claims include oxycodone, hydrocodone, hydromorphone, morphine, codeine, tramadol,
propoxyphene and many others.
In addition to the
Notice of Allowance and the issued
U.S. Patent No. 7,201,920, the Company has pending four U.S.
non-provisional patent applications, three WO/PCT patent
applications and multiple additional U.S. provisional and international
patent filings relating to compositions containing abuseable drugs.
At present, except for the rights conferred in the King
Agreement, the Company retains ownership of all intellectual
property and commercial rights to its Aversion® Technology and
related product candidates.