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Silo Strengthens IP Portfolio With Canadian Patent Allowance For PTSD Drug Candidate; Stock Down

Patents & Intellectual PropertyCompany FundamentalsHealthcare & Biotech

Silo Pharma (SILO) said the Canadian Intellectual Property Office issued a Notice of Allowance for a patent application covering its lead candidate SPC-15. This advances the company’s intellectual property position and supports future protection of its technology, though it is not yet a commercial milestone.

Analysis

Silo Pharma (SILO) said the Canadian Intellectual Property Office issued a Notice of Allowance for a patent application covering its lead candidate SPC-15. This advances the company’s intellectual property position and supports future protection of its technology, though it is not yet a commercial milestone.

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