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Tuesday, January 09, 2007

Suven Life - Secures Patent

Suven Life Sciences Secures Patent From European Patent Office (EPO)

Suven Life Sciences Ltd on January 09, 2007 has announced that the European Patent Office (EPO) issued the Patent 1517909 titled "Novel Tetracyclic Arylcarbonylindoles having Serotonin Receptor affinity useful as therapeutic agents, process for their preparation and pharmaceutical compositions containing them" to the Company and is valid until June 2023. The granted claims of the patent include the class of selective 5-HT compounds discovered by the Company and are being developed as therapeutic agents and are useful in the treatment of cognitive impairment associated with neuro-degenarative disorders like Attention deficient hyperactivity, Alzheimer's, Parkinson, Schizophrenia and Huntington's.

We continue to work on G-Protein coupled receptor (GPCR) targets to discover and develop molecules focusing on CNS disorders with unmet medical need and high market potential, says Venkat Jasti, CEO of the Company.

The Company is a major service provider of Drug Discovery and Development support Services (DDDSS) to global Pharmaceutical, Life Sciences and Biotech Companies in addition to their continued business interest and growth in Contract Research and Manufacturing Services (CRAMS). The Company is a Collaborative Research Partner (CRP) with a Global pharma major since Sept 2006 to Discover NCE's for unmet medical need in CNS.

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