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Gain Therapeutics Announces Issuance of Two New PCT Patents

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BETHESDA, Md., June 10, 2021 (GLOBE NEWSWIRE) — Gain Therapeutics, Inc. (Nasdaq: GANX) (“Gain”), a biotechnology firm targeted on redefining drug discovery by figuring out and optimizing allosteric binding websites which have by no means earlier than been focused, right this moment introduced the publication of two PCT patents. PCT/IB2020/061158 and PCT/IB2020/0611156 are directed at compounds concentrating on misfolded beta-​glucocerebrosidase (GBA) and galactosylceramidase (GALC) respectively, addressing central nervous system (CNS) and demyelinating issues similar to Parkinson’s Illness, Lewy physique dementia and Alzheimer’s.

“It is a pivotal milestone for Gain Therapeutics as these two patents spotlight the affiliation between the strategy to treating uncommon illnesses, similar to Gaucher Illness and Krabbe Illness, and the strategy to treating extra extensively prevalent and rising illness states like Parkinson’s Illness and A number of Sclerosis,” stated Eric Richman, Chief Govt Officer of Gain. “The 2 issued patents replicate our focus and dedication to creating first in school therapies for these CNS and lysosomal storage illnesses, and we’re excited to strengthen our mental property and advance our potential to deal with sufferers with these devastating illnesses.”

PCT/IB2020/061158 covers compounds and therapeutic makes use of of situations related to the alteration of Beta-glucocerebrosidase (GBA). These situations embrace Gaucher Illness, Parkinson’s Illness, and different Lewy physique issues together with Alzheimer’s Illness and amyotrophic lateral sclerosis (ALS).

PCT/IB2020/0611156 covers compounds and therapeutic makes use of of situations related to the alteration of galactosylceramidase (GALC). These situations embrace lysosomal storage illnesses and different demyelinating illnesses, similar to Krabbe Illness, Lewy physique dementia, A number of Sclerosis, and peripheral neuropathy.

About Gain Therapeutics, Inc.
Gain Therapeutics, Inc. is redefining drug discovery with its SEE-Tx™ goal identification platform. By figuring out and optimizing allosteric binding websites which have by no means earlier than been focused, Gain is unlocking new remedy choices for difficult-to-treat issues characterised by protein misfolding. Gain was established in 2017 with the help of its founders and institutional traders. It has been awarded funding help from The Michael J. Fox Basis for Parkinson’s Analysis (MJFF) and The Silverstein Basis for Parkinson’s with GBA, in addition to from the Eurostars-2 joint program with co-funding from the European Union Horizon 2020 analysis and Innosuisse. In July 2020, Gain Therapeutics, Inc. accomplished a share alternate with Gain Therapeutics, SA, a Swiss company, whereby GT Gain Therapeutics SA turned a completely owned subsidiary of Gain Therapeutics, Inc.

For extra data, go to https://www.gaintherapeutics.com/.

Ahead-Wanting Statements
Any statements on this launch that aren’t historic info could also be thought of to be “forward-looking statements.” Ahead-looking statements are based mostly on administration’s present expectations and are topic to dangers and uncertainties which can trigger outcomes to vary materially and adversely from the statements contained herein. Such statements embrace, however will not be restricted to, statements relating to the market alternative for Gain’s product candidates; and the enterprise methods and improvement plans of Gain. Some of the potential dangers and uncertainties that would trigger precise outcomes to vary from these anticipated embrace Gain’s potential to: make commercially out there its merchandise and applied sciences in a well timed method or in any respect; enter into different strategic alliances, together with preparations for the event and distribution of its merchandise; acquire mental property safety for its property; precisely estimate its bills and money burn and lift extra funds when crucial. Undue reliance shouldn’t be positioned on forward-looking statements, which converse solely as of the date they’re made. Besides as required by legislation, Gain doesn’t undertake any obligation to replace any forward-looking statements to replicate new data, occasions or circumstances after the date they’re made, or to replicate the incidence of unanticipated occasions.

Investor Contact:
Daniel Ferry
LifeSci Advisors
+1 617-430-7576
daniel@lifesciadvisors.com

Media Contact:
Joleen Schultz
Joleen Schultz & Associates
+1 760-271-8150
joleen@joleenschultzassociates.com

 

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