Shield Therapeutics - Update on Legal Proceedings
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RNS Number : 8490A
Shield Therapeutics PLC
03 June 2019
Shield Therapeutics plc
("Shield" or the "Group")
Update on Legal Proceedings
London, UK, 3 June 2019: Shield Therapeutics plc (LSE: STX), a commercial stage
pharmaceutical company with a focus on addressing iron deficiency with or without
anaemia via its lead product Feraccru®, announces an update on legal proceedings with
Teva Pharmaceutical Industries Ltd (TEVA).
Following the announcement to shareholders on 14 March 2019, Shield has received
notice that TEVA has filed a notice of appeal to the Opposition Division of the European
Patent Office's decision on Shield's patent #2 668 175, which covers a "Process for
preparing an iron hydroxypyrone". No date has been set for the hearing.
Shield will continue to robustly defend its intellectual property and believes the Board of
Appeal should uphold the first instance decision of the European Patent Office.
Shield will provide further updates to shareholders on proceedings as required.
- Ends For further information please contact:
Shield Therapeutics plc
Carl Sterritt, Chief Executive Officer
Tim Watts, Chief Financial Officer
www.shieldtherapeutics.com
+44 (0)20 7186 8500
Nominated Advisor and Joint Broker
Peel Hunt LLP
James Steel/Dr Christopher
Golden
+44 (0)20 7418 8900
Joint Broker
finnCap Ltd
Geoff Nash /Matt Radley/ Alice
Lane
Financial PR & IR Advisor
Walbrook PR
+44 (0)20 7220 0500
+44 (0)20 7933 8780 or shield@walbrookpr.com
Paul McManus / Anna Dunphy
+44 (0)7980 541 893 / +44 (0)7876 741 001
About Shield Therapeutics plc
Shield is a de-risked, commercial stage, pharmaceutical company delivering innovative
specialty pharmaceuticals to address patients' unmet medical needs. The Company's
clear purpose is to help its patients become people again, by enabling them to enjoy the
things that make the difference in their everyday lives. The Group has a marketed
product, Feraccru®, for the treatment of iron deficiency in adults which has exclusive IP
rights until the mid-2030s. Feraccru® is commercialised in the European Union by
Norgine BV and the US Food and Drug Administration (FDA) is currently considering a
New Drug Application (NDA), with a PDUFA (Prescription Drug User Fee Act) date of 27 th
July 2019. For more information please visit www.shieldtherapeutics.com.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the
Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions
relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com or visit www.rns.com.
END
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