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NeuroSense Granted Patents in Europe, Japan, and Israel for its ALS Drug PrimeC Patents valid through 2038 Clinical topline results from Phase 2b ALS trial expected in H2 2023

Key Takeaway: NeuroSense Therapeutics has received patents for its ALS drug PrimeC from the European, Japanese, and Israeli Patent Offices, extending its intellectual property protections until 2038. This influential portfolio addition supports the company's commitment to treating ALS and similar neurodegenerative diseases. The company is also awaiting the topline results from its Phase 2b clinical trial, PARADIGM, due by the end of 2023. While there are significant advancements, there are intrinsic risks related to the timelines and efficacy of PrimeC.

Market Sentiment Analysis

POSITIVE FACTORS

  • NeuroSense has secured patents in Europe, Japan, and Israel, enhancing its IP portfolio.
  • The patents are valid through 2038, providing a long-term commercial advantage.
  • Anticipation builds for the clinical topline results from the Phase 2b trial expected in H2 2023.
  • The lead drug candidate, PrimeC, has a unique combination of FDA-approved drugs targeting ALS.

CONCERNS & RISKS

  • There are inherent uncertainties and risks that could lead to actual results differing from expectations.
  • Potential delays may occur in reporting results from the PARADIGM clinical trial.
  • Costs may exceed initial predictions, affecting development timelines and commitments.

Full Press Release Details

NeuroSense Granted Patents in Europe,
Japan, and Israel for its ALS Drug PrimeC
CAMBRIDGE, Mass., Sept. 19, 2023 /PRNewswire/ -- NeuroSense
Therapeutics Ltd. (Nasdaq: NRSN) ("NeuroSense"), a company developing treatments for severe neurodegenerative diseases, today
announced that the European, Japan, and Israel Patent Offices have granted the Company a key patent relating to "Compositions comprising
an anti-inflammatory drug and a dicer activator for use in treatment of neuronal diseases." The patents relate to NeuroSense's
unique fixed-dose combination of ciprofloxacin and celecoxib, two U.S. Food and Drug Administration (FDA) approved drugs that are the
active ingredients in PrimeC, the Company's lead drug candidate for treating Amyotrophic Lateral Sclerosis (ALS).
Corresponding patents have been issued in the U.S., Canada, and Australia
and are valid through 2038, subject to appropriate maintenance. Additional patent applications relating to the novel formulation of PrimeC
and methods for the treatment of other neurodegenerative diseases using NeuroSense's platform of combination therapies including
StabiliC and CogniC are pending as well.
"We are pleased to receive this most recent patent grant in Europe,
Japan, and Israel, which adds to our growing IP estate as we expect the clinical read-out from our PARADIGM Phase 2b study towards
year's end. ALS remains a pressing unmet need, and our unwavering commitment to advancing our program, supported by robust intellectual
property, underscores our dedication to delivering an effective therapy for individuals battling ALS." stated Alon Ben-Noon, NeuroSense's
NeuroSense Therapeutics, Ltd. is a clinical-stage biotechnology company
focused on discovering and developing treatments for patients suffering from debilitating neurodegenerative diseases. NeuroSense believes
that these diseases, which include amyotrophic lateral sclerosis (ALS), Alzheimer's disease and Parkinson's disease,
among others, represent one of the most significant unmet medical needs of our time, with limited effective therapeutic options available
for patients to date. Due to the complexity of neurodegenerative diseases and based on strong scientific research on a large panel of
related biomarkers, NeuroSense's strategy is to develop combined therapies targeting multiple pathways associated with these diseases.
For additional information, we invite you to visit our website and
Forward-Looking Statements
This press release contains "forward-looking statements"
that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press
release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words
such as "anticipate," "believe," "contemplate," "could," "estimate," "expect,"
"intend," "seek," "may," "might," "plan," "potential," "predict,"
"project," "target," "aim," "should," "will" "would," or the negative
of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements
are based on NeuroSense Therapeutics' current expectations and are subject to inherent uncertainties, risks and assumptions that
are difficult to predict and include statements regarding the timing of top-line results of, and the results of, the PARADIGM clinical
trial. Further, forward-looking statements are subject to a number of risks and uncertainties as a result of which actual results could
differ materially and adversely from those anticipated or implied in the forward looking statements. These risks include a delay in the
reporting of top-line results from PARADIGM clinical trial; greater than anticipated costs and expenses; the potential for PrimeC to safely
and effectively target ALS; preclinical and clinical data for PrimeC; the timing of current and future clinical trials, timing for reporting
data; the nature, strategy and focus of the company and further updates with respect thereto; the development and commercial potential
of any product candidates of the company; and other risks and uncertainties set forth in NeuroSense's filings with the Securities
and Exchange Commission (SEC), including NeuroSense's Annual Report on Form 20-F filed with the SEC on March 22, 2023. Forward-looking
statements contained in this announcement are made as of this date, and NeuroSense Therapeutics Ltd. undertakes no duty to update such
information except as required under applicable law.
For further information: Email: info@neurosense-tx.com, Tel: +972 9

Frequently Asked Questions

What recent patents did NeuroSense receive?

NeuroSense was granted patents in Europe, Japan, and Israel for ALS drug PrimeC.

What is PrimeC's active ingredient?

PrimeC combines ciprofloxacin and celecoxib, both FDA-approved drugs.

How long are NeuroSense's patents valid?

The patents are valid through 2038, subject to maintenance requirements.

What diseases does NeuroSense focus on?

NeuroSense targets neurodegenerative diseases like ALS, Alzheimer's, and Parkinson's.

What is the status of the PARADIGM study?

NeuroSense expects top-line results from the PARADIGM Phase 2b study by year-end.

Last updated: Sep 19, 2023