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BullFrog AI Announces Issuance of U.S. Patent Protecting Novel Prodrugs of Mebendazole and Their Use in Treating Cancer Novel compounds show improved bioavailability relative to mebendazole Gaithersburg, MD

Key Takeaway: BullFrog AI Holdings, Inc. has announced the issuance of U.S. Patent No. 11,712,435, which protects their novel prodrugs derived from mebendazole for cancer treatment. The new compounds show improved solubility and oral bioavailability compared to mebendazole, marking a significant advancement in oncology therapies. This patent, the first stemming from a license with Johns Hopkins University, strengthens BullFrog AI's product portfolio and enhances the likelihood of clinical success. The company aims to monetize these promising assets in collaboration with strategic partners.

Market Sentiment Analysis

POSITIVE FACTORS

  • Issuance of U.S. Patent No. 11,712,435 enhances intellectual property protection.
  • Novel prodrugs show improved solubility and bioavailability for cancer treatment.
  • Potential for increased therapeutic success in treating glioblastoma and other cancers.
  • Collaboration with Johns Hopkins University adds credibility and strength.

Full Press Release Details

AI Announces Issuance of U.S. Patent Protecting Novel Prodrugs of Mebendazole and Their Use in Treating Cancer
compounds show improved bioavailability relative to mebendazole
MD - July 25, 2023 - BullFrog AI Holdings, Inc. (NASDAQ: BFRG; BFRGW) ("BullFrog AI" or the "Company"),
a precision medicine company using artificial intelligence (AI) and machine learning to enable the successful development of pharmaceuticals
and biologics, today announced that the United States Patent and Trademark Office (USPTO) will, on August 1, 2023, issue U.S. Patent
No. 11,712,435 protecting the Company's novel prodrugs derived from mebendazole and their use in treating cancers and other diseases.
The patented compounds exhibit improved solubility and oral bioavailability relative to the parent drug, thereby addressing a key difficulty
encountered in evaluating the potential use of mebendazole for oncology indications.
Patent No. 11,712,435 represents the first issued patent resulting from intellectual property BullFrog AI licensed from Johns
Hopkins University in October 2022. BullFrog AI's exclusive, worldwide, royalty-bearing license includes the rights to commercialize
prodrugs of mebendazole that demonstrate improved solubility and bioavailability relative to the parent compound.
patent grant further strengthens intellectual property protection of our carefully curated and strategically acquired licensed product
portfolio," said Vin Singh, founder and CEO of BullFrog AI. "Mebendazole has shown promise in treating various types of cancer,
and these N-substituted prodrugs of mebendazole demonstrate significantly improved solubility and bioavailability relative to the parent
compound, enhancing their therapeutic potential and improving the likelihood of clinical success. We look forward to working with strategic
partners to monetize this promising asset for the treatment of glioblastoma and other oncology indications."
AI is a precision medicine company using AI and machine learning to enable the successful development of pharmaceuticals and biologics
by predicting which patients will respond to therapies in development. Through its collaborations with leading research institutions,
including Johns Hopkins University, BullFrog AI is at the forefront of AI-driven drug development using its proprietary bfLEAP
artificial intelligence platform. BullFrog AI is deploying bfLEAP for use at several critical stages of development with the intention
of streamlining data analytics in therapeutics development, decreasing the overall development costs by decreasing failure rates for
more information visit BullFrog AI at:
press release contains forward-looking statements. We base these forward-looking statements on our expectations and projections about
future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events
or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business
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that use terminology such as "may," "should," "expects," "anticipates," "contemplates,"
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or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider
various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing
market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially
from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press
release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ
materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking
statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other
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Frequently Asked Questions

What does the new patent by BullFrog AI protect?

The patent protects novel prodrugs of mebendazole for treating cancer and other diseases.

When will the patent be issued?

The patent will be issued on August 1, 2023.

How do the new prodrugs compare to mebendazole?

They show improved solubility and oral bioavailability compared to mebendazole.

Which institution is BullFrog AI collaborating with?

BullFrog AI is collaborating with Johns Hopkins University.

What is BullFrog AI's goal in drug development?

The goal is to predict patient responses to therapies using AI and machine learning.

Last updated: Jul 25, 2023