HomeFinTechINOVIQ: Receives Australian patent for SubB2M technology

INOVIQ: Receives Australian patent for SubB2M technology

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INOVIQ Receives Australian patent for SubB2M technology

  • INOVIQ (IIQ) receives an Australian patent for its SubB2M technology, which the company now holds exclusive worldwide rights to the IP for its diagnostic applications
  • The company was awarded the Australian Patent number 2017358401 entitled “Subtilase cytotoxin B subunit mutant”, issued to Griffith University and the University of Adelaide
  • The patent is due to expire on November 9, 2037
  • The granting of the Australian patent is another important step in the company’s path to commercialisation for its SubB2M-based tests and follows other recent key milestones
  • IIQ shares are up 6.14 per cent, trading at 60.5 cents
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