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October 12, 2004

correct way to do a patent related press release

I posted last week about an inaccurate and flawed patent related press release here (i.e.the provisional application "has been provisionally approved"). 

This week I ran across an accurate press release here:

The Quigley Corporation (Nasdaq: QGLY) announced today that the U.S. Patent and Trademark Office has approved the issuance of a patent for the company's QR-440, filed on April 23, 2003, for a naturally derived compound developed for the treatment of arthritis and related inflammatory disorders.

This naturally derived compound is not a selective cyclo-oxygenase 2 inhibitor. The company believes this potential new drug will inhibit a range of inflammatory cytokines and in view of this non-selective mechanism of action and its natural sources, there will be a minimum of safety concerns.

The company is preparing to begin pre-clinical testing, leading to a submission of an Investigational New Drug application to the U. S Food and Drug Administration, for potential approval as a prescription drug.

Succinct.  Accurate (i.e. "has approved the issuance", rather than "has granted" or "has approved").  This press release also discusses future plans and steps: pre-clinical testing prior to the submission of an INDA.  Basically the correct way to do a patent press release:  informative and positive without being inaccurate.

Posted by Douglas Sorocco at 12:16 PM.
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