Recce Pharmaceuticals: Secures patent from E.U. regulator

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.
  • Recce Pharmaceuticals (RCE) has secured a patent from the European regulator covering two of its synthetic anti-infective formulations
  • This is the second time Recce has granted a patent in the Patent Family 3 group after a patent previously granted by Japan’s regulator
  • The new patent will cover marketing and manufacturing activities associated with the company’s Recce 327 and Recce 529 drug candidates until February 2037
  • These drugs aim to stop the rapid spread of bacteria and viruses, respectively
  • The new E.U. patent also covers Recces’s use of the candidates on viruses like COVID-19, HIV and Ross River Virus
  • Shares in RCE ended the day at 96.5 cents per share
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