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Poolbeg Pharma gained EU patent for its experimental flu drug, boosting its stock 9%.
Poolbeg Pharma PLC secured a European patent for its experimental drug POLB 001, which inhibits the p38 MAP kinase enzyme to reduce dangerous inflammation in severe influenza and potentially treat cytokine release syndrome.
The patent, granted by the European Patent Office, strengthens the company’s intellectual property and supports its development of immune-modulating therapies.
The news boosted investor confidence, lifting the company’s shares 9% to 4.01p.
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Poolbeg Pharma obtuvo la patente de la UE para su fármaco experimental contra la gripe, aumentando sus existencias en un 9%.