other material
confidence high
sentiment positive
materiality 0.60
BullFrog AI announces USPTO issuance of patent for novel mebendazole prodrugs for cancer treatment
BullFrog AI Holdings, Inc.
- USPTO to issue Patent No. 11,712,435 on Aug 1, 2023, protecting novel prodrugs of mebendazole with improved solubility and oral bioavailability.
- This is the first patent from IP licensed from Johns Hopkins University in Oct 2022; BullFrog AI holds exclusive worldwide royalty-bearing rights.
- CEO Vin Singh says prodrugs address key difficulty in evaluating mebendazole for oncology, enhancing potential for glioblastoma and other cancers.
- Company intends to work with strategic partners to monetize the asset for clinical development.