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Contributor: PR Newswire New York
Wednesday, May 06 2020 - 11:50
AsiaNet
Venturis Therapeutics, Inc. Announces its Applications for Four New Patents Related to the Use of Therapeutic Angiogenesis in the Treatment of Illnesses Related to the COVID-19 Virus, as Well as Illnesses Related to Other Viruses
DALLAS, May 6, 2020 /PRNewswire-AsiaNet/ --

Venturis Therapeutics, Inc. ("VT") today announced it has applied for four 
provisional patents related to the treatment and/or prevention of virally 
induced illnesses related to the COVID-19 virus, as well as other viruses. 
These new patent applications cite the following general areas: heart damage 
and virally induced strokes; severe acute respiratory syndrome (SARS); 
intestinal dysfunction or intestinal epithelial cell damage; and renal 
dysfunction or failure.

During the past several months, the VT team has been reviewing numerous early 
reports and data from medical professionals all over the world pertaining to 
illnesses related to the damage of epithelial cells and microvascular tissue 
caused by the COVID-19 virus. This damage is recorded in patients in multiple 
age groups both during and after apparent recovery from the COVID-19 virus and 
in patients that have experienced severe or only mild viral symptoms. The 
presentation of the virally induced illnesses can include, but is not limited 
to, strokes, organ failure, fibrosis, sudden blood clots and cell and tissue 
ischemia. VT has many years of experience in the use of therapeutic 
angiogenesis in the treatment and regeneration of ischemic and/or damaged 
epithelial and microvascular cells and tissue. 

VT expects that these new patents, combined with VT's other patents, e.g., our 
existing stroke patents, will allow VT to expand its development of current and 
breakthrough methods and therapies to treat these life threatening and 
distressing conditions in large patient populations. With these proposed and 
existing patents, VT seeks to be in the forefront of private sector companies 
battling the devastating effects of these diseases.

ABOUT VENTURIS THERAPEUTICS 
Venturis Therapeutics, Inc. is a biopharmaceutical company developing protein 
drug candidates to address diseases such as diabetic wounds, severe coronary 
heart disease, peripheral artery disease, erectile dysfunction, stroke, spinal 
disc disease, and diseases related to virally induced damage to epithelial 
cells and microvascular tissue. The active pharmaceutical ingredient (API) in 
our drug candidates is FGF-1, a human protein that stimulates the growth of new 
blood vessels, thereby increasing the blood supply to ischemic organs and 
tissues. 

FORWARD LOOKING STATEMENTS 
This news release contains forward looking statements that involve risks and 
uncertainties. Actual results and outcomes may differ materially from those 
discussed or anticipated. For example, statements regarding expectations for 
new research, progress with clinical trials or future business initiatives are 
forward looking statements. Factors that might affect actual outcomes include, 
but are not limited to, FDA approval of Venturis drug candidates, market 
acceptance of Venturis products by customers, new developments in the industry, 
future revenues, future expenses, future margins, cash usage, and financial 
performance. Additionally, until Venturis is cash flow positive from 
operations, the Company is dependent upon raising capital to fund its 
operations and met its obligations as they come due. There can be no assurance 
that Venturis will be able to raise the necessary capital when needed.  

Source: Venturis Therapeutics, Inc.

CONTACT: +1 972-681-9368
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