Kuros strengthens orthobiologics patent portfolio

Schlieren (Zurich), Switzerland, March 18, 2020 – Kuros Biosciences (SIX: KURN) today announced that its subsidiary, Kuros Biosurgery AG, has been granted the US patent, US 10’589’001, entitled ‘Pharmaceutical formulation for use in spinal fusion’. This patent covers the use of parathyroid hormone (PTH) containing matrices for spinal fusion.

The granting of this patent strengthens Kuros proprietary position on the use of PTH containing matrices in spinal fusion, the primary indication of Kuros’ Fibrin-PTH development program.

Kuros’s intellectual property portfolio in orthobiologics, its primary area of activity, has also been further strengthened by its Dutch subsidiary, Kuros Biosciences BV, recently being granted the US patent, US 10’561’683, entitled “Method for producing an osteoinductive calcium phosphate and products thus obtained” by the United States Patent and Trademark Office (USPTO).

This patent covers certain osteoinductive materials produced by Kuros’s proprietary production processes and further expands the patent portfolio relating to Kuros’s MagnetOs product line. The granting of this patent follows the granting, in the second half of last year, of other patents related to the MagnetOs product family, specifically, Japanese patent 6’559’665, and Australian patent 2016229595.

Joost de Bruijn, Chief Executive Officer of Kuros, said: “The granting of these patents both strengthens our position as a leader in this field and our ability to exploit that leadership for the benefit of our shareholders, our customers and their patients.”

Media release