Yahoo Finance

RedHill Biopharma (RDHL) has released an update.

RedHill Biopharma Ltd. has announced a new U.S. patent for Opaganib, targeting the treatment of COVID-19, with validity extending through 2041. The patent covers the identification of a novel biomarker predictive of the drug’s effectiveness and follows published data indicating significant patient improvements, including oxygenation, reduced intubation needs, and mortality rates. Opaganib is a first-in-class, orally administered drug with potential applications in several diseases, and is part of U.S. government collaborations for pandemic preparedness.

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