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DelMar Pharma nabs new patent covering lead candidate VAL-083; shares ahead 80%

Published 09/20/2017, 11:20 AM
© Reuters.  DelMar Pharma nabs new patent covering lead candidate VAL-083; shares ahead 80%
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  • Thinly traded nano cap DelMar Pharmaceuticals (DMPI +79.6%) heads north on a whopping 127x surge in volume on the heels of its announcement that the USPTO has issued a new patent (No. 9,759,698) covering improved analytical methods for analyzing and determining impurities in dianhydrogalactitol (VAV-083). The company says the patent strengthens its control over the VAL-083 manufacturing process.
  • Previously: FDA allows DelMar Pharma's additional IND application of VAL-083 for the treatment of ovarian cancer; shares ahead 8% premarket (Sept. 18)
  • Now read: Alcobra Is A Net-Net That Could Sell Itself


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