STOCK TITAN

Marvel Biosciences Receives Notice of Allowance for US Patent Application Covering Composition of Matter for Its Lead Therapeutic Candidate MB-204

Rhea-AI Impact
(Very High)
Rhea-AI Sentiment
(Positive)
Tags

Marvel Biosciences (OTCQB:MBCOF) announced that the U.S. Patent Office issued U.S. Patent No. 12,570,656 B2 on March 18, 2026, covering composition of matter and methods of use for lead candidate MB-204.

This marks the third jurisdictional composition patent after Japan and China, strengthens MB-204's intellectual property, and follows completed pre-clinical toxicology and efficacy studies in depression and multiple autism models, with ongoing testing in Fragile X models.

Loading...
Loading translation...

Positive

  • U.S. patent granted: Patent No. 12,570,656 B2 (March 18, 2026)
  • Third composition patent issued following Japan and China
  • Pre-clinical toxicology completed for MB-204
  • Pre-clinical efficacy in depression and multiple autism models

Negative

  • No human clinical trial data or IND filing disclosed
  • Commercialization and regulatory approval remain uncertain pending clinical development

News Market Reaction – MBCOF

+22.51%
1 alert
+22.51% News Effect

On the day this news was published, MBCOF gained 22.51%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Calgary, Alberta--(Newsfile Corp. - March 18, 2026) - Marvel Biosciences Corp. (TSXV: MRVL) (OTCQB: MBCOF), and its wholly owned subsidiary, Marvel Biotechnology Inc. (collectively "Marvel" or the "Company"), a drug discovery company developing novel therapeutics for autism spectrum disorder and related conditions, is pleased to announce that the US Patent Office has issued Patent No. 12,570,656 B2 for MB-204 granting broad composition of matter and methods of use claims titled "Purine Compounds for Treating Disorders."

"This is the third major jurisdiction that has granted us a composition of matter patent for our lead molecule MB-204," commented Marvel's CEO, Rod Matheson. "We are very pleased to be granted this patent in the US, which is critical to executing our business development goals. Strong intellectual property is one of those key components pharmaceutical partners want to see when looking to consecrate a deal with a company such as Marvel."

The issuance of a U.S. composition of matter patent represents a critical milestone for Marvel, marking the third patent issuance following Japan and China jurisdictions (refer to the Company's press releases dated February 3, 2026 and August 18, 2025), as it significantly strengthens the IP protection surrounding MB-204. Composition of matter claims are widely regarded as the strongest form of pharmaceutical patent protection, providing the potential for long-term market exclusivity once the compound reaches commercialization. This third patent issuance meaningfully enhances the strategic and economic value of the Company's lead asset and supports Marvel's broader strategy of advancing differentiated therapeutics with foundational intellectual property positions, creating a defensible platform asset that could underpin future clinical development, partnerships, licensing, and long-term shareholder value creation.

MB-204 is a novel fluorinated analogue of the approved adenosine A2A receptor antagonist Istradefylline which is used for the treatment of Parkinson's Disease. MB-204 has demonstrated superior pharmacokinetics and completed pre-clinical toxicology testing and has shown excellent pre-clinical efficacy studies in depression and multiple models of autism including Rett Syndrome. The compound is currently being tested in Fragile X models. Currently, around 1 in 36 children at age 8 have been diagnosed with autism spectrum disorder which underscores the urgency for new agents. Combined with encouraging pre-clinical data, the growing patent estate around MB-204 further supports Marvel' s strategy of developing novel therapeutics for neurological and neurodevelopmental disorders with significant unmet medical need.

About Marvel Biosciences Corp.

Marvel Biosciences Corp., through its wholly owned subsidiary Marvel Biotechnology Inc., is a Calgary-based biotechnology company developing new treatments for neurological diseases and neurodevelopmental disorders. Our lead drug candidate, MB-204, is a novel fluorinated derivative version of Istradefylline, an approved Parkinson's drug and the only adenosine A2A receptor blocker currently on the market.

Research shows that blocking the A2A receptor may help treat conditions such as autism, depression, and Alzheimer's disease. Marvel is also exploring MB-204's potential in rare disorders like Rett syndrome and Fragile X syndrome, aiming to bring new options to patients with few effective treatments.

Contact Information: Marvel Biosciences Corp.

J. Roderick (Rod) Matheson, Chief Executive Officer
Email: rod@marvelbiosciences.com
Dr. Mark Williams, President and Chief Science Officer
Email: mark@marvelbiosciences.com
Tel: 403 770 2469

Website: www.marvelbiotechnology.com | Twitter/X | LinkedIn

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release. All information contained in this news release with respect to the Company and its subsidiary,(collectively, the "Parties") were supplied by Marvel, respectively, for inclusion herein and each parties' directors and officers have relied on each other for any information concerning such Party.

This news release may contain forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the future plans and objectives of the Company are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the expectations of the Company and include other risks detailed from time to time in the filings made by the Company under securities regulations.

The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. As a result, the Company cannot guarantee that the above events on the terms will occur and within the time disclosed herein or at all. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by Canadian securities law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288849

FAQ

What did Marvel Biosciences (MBCOF) announce on March 18, 2026 about MB-204?

Marvel announced the U.S. grant of Patent No. 12,570,656 B2 covering MB-204 composition and use. According to the company, this is the third composition patent after Japan and China, strengthening the IP around MB-204.

How does the U.S. patent for MB-204 affect Marvel Biosciences (MBCOF) commercialization prospects?

The patent may strengthen Marvel's bargaining position for partners and licensing. According to the company, composition claims provide strong pharmaceutical IP that can support business development and future deals.

What pre-clinical progress has MB-204 achieved as of March 18, 2026 for MBCOF?

MB-204 completed pre-clinical toxicology and showed efficacy in depression and multiple autism models. According to the company, the compound is also being tested in Fragile X models.

Does Marvel Biosciences (MBCOF) report any clinical trial results for MB-204 yet?

No human clinical trial results were reported in the announcement. According to the company, MB-204 has completed pre-clinical studies but clinical development and regulatory steps remain pending.

What is the significance of a composition of matter patent for MB-204 for MBCOF investors?

Composition patents are considered strong IP that can support exclusivity and partner interest. According to the company, the U.S. patent enhances strategic and economic value for MB-204 and could aid partnerships.

Which jurisdictions now hold composition patents for MB-204 as of March 18, 2026?

Japan, China, and the United States now have composition patents for MB-204. According to the company, the U.S. grant is the third such issuance, following earlier patents in Japan and China.
Marvel Biosciences Corp

OTC:MBCOF

View MBCOF Stock Overview

MBCOF Rankings

MBCOF Latest News

MBCOF Stock Data

6.92M
39.18M
Biotechnology
Healthcare
Link
Canada
Calgary