JUPITER, FL / ACCESSWIRE / June 17, 2021 / Jupiter Wellness, Inc. (NASDAQ:JUPW), right now introduced a licensing settlement for 2 patents protecting the usage of Aspartame for the therapy of Contact Dermatitis.
The Settlement signed with the Oklahoma Medical Analysis Basis is for a license to 2 issued patents, US, 7,288,527 and US 7,816,327 which cowl the usage of aspartame for the therapy of contact dermatitis. Beneath the phrases of the Settlement, Jupiter Wellness has the worldwide unique license to make the most of the Patent Rights, Know-How and Materials associated to N-L-Alpha-Aspartyl-L-Phenylalanine-1-Methyl Ester with a purpose to make, use, distribute, sublicense and promote Licensed Merchandise or Licensed Companies. Jupiter Wellness has individually filed a further patent for the usage of a mix of CBD/aspartame for the therapy of quite a lot of pores and skin situations together with atopic dermatitis (eczema), printed as US 20210038513.
“The well timed licensing of those patents provides us safety for the usage of aspartame in business merchandise that deal with a variety of pores and skin situations,” said Dr. Glynn Wilson, Chairman and Chief Scientific Officer of Jupiter Wellness. “We are going to proceed to develop our complete patent technique to guard our shopper and Rx merchandise.”
Jupiter Wellness had beforehand reported that in a double-blinded, placebo managed medical trial, JW-100, a novel topical formulation containing CBD and aspartame, was proven to considerably cut back the ISGA rating in 50% of atopic dermatitis sufferers after solely two weeks of use. The Firm is at the moment getting ready for a Pre-IND assembly with the FDA.
About Jupiter Wellness
Jupiter Wellness, Inc. (NASDAQ:JUPW) is a number one developer of cannabidiol (CBD) primarily based medical therapeutics and wellness merchandise. The Firm’s medical pipeline of prescription CBD-enhanced skincare therapeutics handle indications together with eczema, burns, herpes chilly sores, and pores and skin most cancers. Jupiter generates revenues from a rising line of proprietary over-the-counter skincare merchandise together with its flagship CaniSun™ sunscreen and different wellness manufacturers offered by means of www.cbdcaring.com.
Secure Harbor Assertion
To the extent any statements contained on this presentation of Jupiter Wellness, Inc. (the “Firm”) comprises “forward-looking statements” as outlined within the Non-public Securities Litigation Reform Act of 1995 and the knowledge which can be primarily based upon beliefs of, and data at the moment obtainable to, the corporate’s administration in addition to estimates and assumptions made by the corporate’s administration. These statements will be recognized by the truth that they don’t relate strictly to historic or present information. When used on this presentation the phrases “estimate,” “count on,” intend,” consider,” plan,” “anticipate,” “projected” and different phrases or the unfavorable of those phrases and comparable expressions as they relate to the corporate or the corporate’s administration determine forward-looking statements. Such statements mirror the present view of the corporate with respect to future occasions and are topic to dangers, uncertainties, assumptions and different elements regarding the corporate’s trade, its operations and outcomes of operations and any companies that could be acquired by the corporate. Ought to a number of of those dangers or uncertainties materialize, or the underlying assumptions show incorrect, precise outcomes could differ considerably from these anticipated, believed, estimated, anticipated, supposed, or deliberate. Though the corporate believes that the expectations mirrored within the forward-looking statements are cheap, the corporate can’t assure future outcomes, efficiency, or achievements. Besides as required by relevant legislation, together with the safety legal guidelines of the US, the corporate doesn’t intend to replace any of the forward-looking statements to adapt these statements to precise outcomes.
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SOURCE: Jupiter Wellness, Inc.
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