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NorthStrive Biosciences Files New U.S. Patent Application for EL-22 Targeting Muscle Preservation in Humans

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NorthStrive Biosciences (Nasdaq: ELAB) filed U.S. Patent Application No. 19/655,160 to expand its EL-22 myostatin-engineered probiotic into human pharmaceutical uses.

The application covers formulated pharmaceutical products, specific dosing regimens and formulations for a broad range of muscle-wasting conditions including sarcopenia, disuse atrophy and certain neurological disorders, and notes potential use alongside GLP-1 weight-loss treatments. The filing aims to strengthen NorthStrive's intellectual property portfolio for muscle-preservation therapeutics.

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Positive

  • Filed U.S. patent application No. 19/655,160 for EL-22 human pharmaceutical use
  • Patent claims include specific dosing regimens and formulations for muscle-wasting conditions
  • Targets multiple indications including sarcopenia, disuse atrophy, and certain neurological disorders
  • Notes potential application of EL-22 alongside GLP-1 weight-loss treatments

Negative

  • Patent application status is pending; no issued patent rights yet
  • No clinical trial data, regulatory approvals, or timelines provided in the filing
  • No financial impact, commercialization timeline, or revenue guidance disclosed

Market Context

This announcement extends NorthStrive’s EL-22 platform into human pharmaceutical use for muscle-wast...
Analysis

This announcement extends NorthStrive’s EL-22 platform into human pharmaceutical use for muscle-wasting conditions, complementing prior EL-32 and GLP-1–related initiatives. Against a backdrop of recent equity facilities totaling up to $40,000,000 and diversified aerospace and packaging operations, investors may track how this IP progresses toward clinical development. Key watchpoints include further EL-22 data, partnering or funding specific to biosciences, and ELAB’s ability to recover from levels far below its $309.12 52-week high.

Key Figures

Share price: $2.55 Daily change: 2.01% Volume today: 501,150 shares +5 more
8 metrics
Share price $2.55 Pre-news current price
Daily change 2.01% 24h price change before article
Volume today 501,150 shares Trading volume prior to news
20-day avg volume 20,737,730 shares Liquidity benchmark
52-week high $309.12 52-week trading range
52-week low $1.62 52-week trading range
Market cap $11,081,862 Equity value before this news
Patent application no. 19/655,160 U.S. patent application for EL-22 in humans

Historical Context

5 past events · Latest: Apr 23 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 23 Defense tech option Positive -5.5% Exclusive option on GPS-denied autonomous drone navigation patent rights.
Apr 21 Supply agreement Positive -0.9% SVM Machining long-term deal to supply aerospace and defense components.
Apr 17 Equity facility Negative -13.9% Announcement of a $40 million equity purchase facility using pre-paid structure.
Apr 13 Biotech manufacturing Positive +6.0% Transfer of EL-32 working cell bank and start of manufacturing optimization.
Apr 10 Trade show presence Positive -8.9% Pacific Sun Packaging exhibiting at ITAD Europe 2026 for global expansion.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent ELAB news often saw negative or mixed price reactions, even on operationally positive updates, with only select biotech-focused announcements trading in alignment.

Recent Company History

Over recent weeks, ELAB reported multiple developments across defense, manufacturing, and biosciences. On April 13, a NorthStrive EL-32 manufacturing update drew a 6.05% gain, one of the few positive alignments. In contrast, financing news on April 17 tied to a $40 million equity facility coincided with a -13.91% move. Several aerospace and packaging headlines saw share price declines. Today’s patent filing for EL-22 extends the muscle-health biotech narrative within this diversified platform.

Key Terms

myostatin, probiotic, glp-1 receptor agonists
3 terms
myostatin medical
"EL-22, a myostatin-engineered probiotic technology, into human pharmaceutical applications."
Myostatin is a naturally occurring protein produced by muscle that acts like a brake, limiting how big and strong muscles can grow. Because medicines that block myostatin can allow muscles to increase in size and strength, investors follow related drug programs closely for their potential to treat muscle-wasting diseases and age-related weakness; trial results, safety and regulatory approval prospects can materially affect a company’s value.
probiotic medical
"a myostatin-engineered probiotic technology, into human pharmaceutical applications."
Live microorganisms, most often bacteria or yeast, that are added to foods or supplements to support digestion and overall gut health — think of them as friendly tenants brought into a crowded apartment building to restore balance. Investors watch probiotics because consumer demand, scientific evidence, labeling rules and safety data directly affect product sales, regulatory risk and a company’s valuation, so study results or policy changes can move stock prices.
glp-1 receptor agonists medical
"including in patients undergoing weight loss treatments such as GLP-1 receptor agonists."
GLP-1 receptor agonists are medicines that mimic a natural gut hormone to lower blood sugar and reduce appetite, often used to treat diabetes and obesity. Investors care because these drugs can drive large prescription sales, face strict regulatory approval and patent timelines, and their safety, pricing, or label changes can meaningfully affect a drug maker’s revenue much like a bestselling product or a recalled item would impact any company’s financial outlook.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEWPORT BEACH, Calif., April 28, 2026 (GLOBE NEWSWIRE) -- NorthStrive Biosciences Inc. (“NorthStrive” or the “Company”), a wholly owned subsidiary of PMGC Holdings Inc. (Nasdaq: ELAB) (“PMGC”), today announced the filing of a new U.S. patent application expanding its proprietary EL-22, a myostatin-engineered probiotic technology, into human pharmaceutical applications.

The patent application (U.S. Application No. 19/655,160) covers the development of a formulated pharmaceutical product utilizing EL-22 for use in human patients suffering from muscle loss. The application includes protection for specific dosing regimens and formulations targeting a broad range of muscle-wasting conditions.

The proposed therapeutic use of EL-22 is intended to address muscle loss associated with conditions such as sarcopenia, muscle disuse atrophy, and certain neurological disorders. This filing expands NorthStrive’s intellectual property strategy, building on prior applications focused on muscle preservation and growth.

NorthStrive’s lead asset, EL-22, leverages a myostatin engineered probiotic approach designed to support muscle preservation and growth, including in patients undergoing weight loss treatments such as GLP-1 receptor agonists.

This newly filed patent application is intended to strengthen NorthStrive’s expanding intellectual property portfolio and reflects the Company’s focus on muscle health therapeutics across pharmaceutical and adjacent markets.

About NorthStrive Biosciences Inc.
NorthStrive Biosciences Inc., a PMGC Holdings Inc. company, is a biopharmaceutical company focused on the development and acquisition of cutting-edge therapeutic technologies. The Company is advancing a pipeline of assets targeting muscle preservation, metabolic health, and related conditions.

About PMGC Holdings Inc.
PMGC Holdings Inc. is a diversified holding company that manages and grows its portfolio through strategic acquisitions, investments, and development across multiple industries. PMGC is focused on building long-term shareholder value through operational excellence and disciplined capital allocation. For more information, please visit https://www.pmgcholdings.com.

Forward-Looking Statements

Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Words such as “believes,” “expects,” “plans,” “potential,” “would” and “future” or similar expressions such as “look forward” are intended to identify forward-looking statements. Forward-looking statements are made as of the date of this press release and are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, activities of regulators and future regulations and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Although PMGC believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and PMGC cautions investors that actual results may differ materially from the anticipated results. Therefore, you should not rely on any of these forward-looking statements. These and other risks are described more fully in PMGC’s filings with the United States Securities and Exchange Commission (“SEC”), including the “Risk Factors” section of PMGC’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on March 30, 2026, and its other documents subsequently filed with or furnished to the SEC. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at www.sec.gov. All forward-looking statements contained in this press release speak only as of the date on which they were made. Except to the extent required by law, PMGC undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

IR Contact:

IR@pmgcholdings.com


FAQ

What did NorthStrive (ELAB) announce on April 28, 2026 about EL-22?

They filed U.S. patent application No. 19/655,160 to expand EL-22 into human pharmaceutical uses. According to NorthStrive, the application covers formulations and dosing regimens for multiple muscle-wasting conditions and aims to broaden their intellectual property for muscle-preservation therapeutics.

What does U.S. Application No. 19/655,160 cover for EL-22 (ELAB)?

The application covers formulated pharmaceutical products, specific dosing regimens and formulations for human patients. According to NorthStrive, protections are aimed at a broad range of muscle-wasting conditions including sarcopenia and disuse atrophy.

Which muscle conditions does NorthStrive say EL-22 targets (ELAB)?

EL-22 is intended for muscle loss conditions such as sarcopenia, muscle disuse atrophy, and certain neurological disorders. According to NorthStrive, the patent filing explicitly includes dosing and formulation claims for these indications.

Does the patent filing mean EL-22 is approved for human use (ELAB)?

No; a patent application does not equal regulatory approval or market authorization. According to NorthStrive, this filing is an intellectual property action to protect formulations and dosing while development and approvals remain separate processes.

What investor-relevant steps remain after NorthStrive's patent filing for EL-22 (ELAB)?

Key next steps include patent prosecution, clinical development, and regulatory review before commercialization. According to NorthStrive, the filing strengthens IP, but no clinical data, approval timelines, or financial guidance were provided.