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Silo Pharma Expands Intellectual Property Portfolio with Provisional Patent Filing for Innovative SPC-15 Combination Treatment

Key Takeaway: Silo Pharma, a developmental stage biopharmaceutical company, has announced the filing of a provisional patent application for its promising SPC-15 combination treatment, designed to combat stress-induced psychiatric disorders. This dual-action method aims to improve behavioral outcomes for conditions like PTSD and anxiety. The company is collaborating with Columbia University and has exclusive global rights to develop and commercialize SPC-15, which may benefit from expedited FDA approval. The patent application complements existing intellectual property, showcasing the company's commitment to developing therapeutic solutions for underserved conditions.

Market Sentiment Analysis

POSITIVE FACTORS

  • Silo Pharma has filed a provisional patent for the innovative SPC-15 treatment.
  • The SPC-15 combination treatment shows enhanced efficacy in preclinical studies.
  • The potential for accelerated FDA approval through the 505(b)(2) pathway.

Full Press Release Details

SPC-15 combination treatment shows enhanced efficacy in combating stress-induced psychiatric disorders
SARASOTA, FL, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Silo Pharma, Inc. (Nasdaq: SILO) (“Silo” or the “Company”), a developmental stage biopharmaceutical company focused on novel therapeutics and drug delivery systems, today announced the filing of a provisional patent application with the U.S. Patent and Trademark Office (USPTO) for its lead asset SPC-15.
Silo currently has patents issued and numerous expanded patent applications pending for SPC-15, a technology that was originally licensed through a collaboration with Columbia University.
The provisional patent covers a dual-action method and composition for combating stress-induced pathophysiology and reducing a variety of stress-induced psychiatric behaviors. A preclinical study of SPC-15, a serotonin type IV receptor (5-HT4R) agonist, combined with an N-methyl-D-aspartate receptor (NMDAR) antagonist demonstrated significant improvement in behavioral outcomes and a marked reduction in severe stress-induced conditions.
“We believe that the SPC-15 combination treatment is showing promise in multiple stress-induced behaviors and disorders. This provisional patent application, if approved and the patent issued, will augment and expand the existing patents on this technology which we originally acquired through our global license agreement,” said Eric Weisblum, CEO of Silo.
Silo recently filed a separate expanded provisional patent application covering the chronic, combinatorial targeting of NMDARs and 5-HT4Rs to extend behavioral effects against stress-induced perseverative behavior and hyponeophagia.
SPC-15 is an intranasal serotonin 5-HT4 receptor agonist aimed at treating stress-induced psychiatric disorders such as PTSD and anxiety. With its potential eligibility for the FDA’s streamlined 505(b)(2) regulatory pathway, SPC-15 offers a promising approach to accelerate the approval process. Silo Pharma is collaborating with Columbia University to conduct preclinical studies and has exclusive global rights to the development and commercialization of SPC-15.
Silo Pharma Inc. (Nasdaq: SILO) is a developmental stage biopharmaceutical company focused on addressing underserved conditions, including stress-induced psychiatric disorders, chronic pain, and central nervous system (CNS) diseases. The Company’s portfolio includes innovative programs such as SPC-15 for PTSD, SP-26 for fibromyalgia and chronic pain, and preclinical assets targeting Alzheimer’s disease and multiple sclerosis. Silo’s research is conducted in collaboration with leading universities and laboratories. silopharma.com
Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified using words “could”, “believe”, “anticipate”, “intend”, “estimate”, “expect”, “may”, “continue”, “predict”, “potential”, and similar expressions that are intended to identify forward-looking statements. Such statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of Silo Pharma, Inc. (“Silo” or “the Company”) to differ materially from the results expressed or implied by such statements, including changes to anticipated sources of revenues, future economic and competitive conditions, difficulties in developing the Company’s technology platforms, retaining and expanding the Company’s customer base, fluctuations in consumer spending on the Company’s products and other factors. Accordingly, although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company disclaims any obligations to publicly update or release any revisions to the forward-looking information contained in this press release, whether as a result of new information, future events, or otherwise, after the date of this press release or to reflect the occurrence of unanticipated events except as required by law.

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Frequently Asked Questions

What is SPC-15 and its purpose?

SPC-15 is an intranasal 5-HT4 receptor agonist designed to treat stress-induced psychiatric disorders.

What recent patent application has Silo Pharma filed?

Silo Pharma filed a provisional patent for SPC-15's dual-action method to combat stress-induced conditions.

How does SPC-15 improve behavioral outcomes?

A study showed SPC-15 combined with an NMDAR antagonist led to significant improvements in stress-induced behaviors.

What is the significance of the FDA's 505(b)(2) pathway?

It may accelerate the approval process for SPC-15 in treating stress-induced disorders.

What are Silo Pharma's areas of focus?

The company targets stress-induced psychiatric disorders, chronic pain, and CNS diseases.

Last updated: Feb 18, 2025