Aytu BioPharma reveals extension of patent duration for EXXUA
Patent Extension: Aytu BioPharma's method of use patent for EXXUA extended-release tablets has been extended until September 2, 2030, under 35 U.S.C. 156.
NCE Exclusivity: The patent extension complements the new chemical entity exclusivity period granted by the FDA for Gepirone, the active ingredient in EXXUA.
First-in-Class Approval: EXXUA is recognized as the first-in-class selective serotonin 5HT1a receptor agonist approved by the FDA.
Indication: The medication is specifically approved for the treatment of major depressive disorder in adults.
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Nutex Health Rises 21% in After-Hours Trading Following Revenue Increase; Biotech Competitors Also See Gains on Tuesday
Nutex Health's Performance: Nutex Health Inc. saw a significant after-hours surge of 20.97% to $120.00 following a quarterly report that revealed a net loss of $17.7 million but a remarkable 220.7% increase in revenue year-over-year to $244.0 million.
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Clearside Biomedical's Recovery: Clearside Biomedical, Inc. rose 6.51% to $3.27 after reporting a narrower net loss of $5.97 million, although its revenue fell sharply to $201 thousand from $1.04 million a year ago.
Aytu BioPharma and OKYO Pharma Developments: Aytu BioPharma, Inc. climbed 8.91% to $2.20 after reporting a first-quarter net income increase, while OKYO Pharma Limited edged up 2.44% to $2.18, preparing for a presentation on its investigational drug candidate for neuropathic corneal pain.
