Pharmaceutical Company Announces New Patent Application For Metabolic Syndrome Treatment
SciSparc's New Patent Application for Metabolic Syndrome and Weight Loss.
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SciSparc Ltd. (Nasdaq: SPRC), a specialty clinical-stage pharmaceutical company focusing on the development of therapies for disorders and rare diseases of the central nervous system, has recently announced that it has submitted an additional patent application to the United States Patent and Trademark Office (USPTO). This submission is part of its ongoing collaboration with Clearmind Medicine Inc. (Nasdaq: CMND), a clinical-stage biotech company known for its development of novel psychedelic-derived therapeutics.
The new patent application pertains to a proprietary composition consisting of Palmitoylethanolamide (PEA)—the active ingredient in SciSparc’s CannAmide™—combined with Clearmind’s innovative MEAI compound (5-methoxy-2-aminoindane) for treating metabolic syndrome and obesity.
Understanding Obesity and Metabolic Syndrome
Obesity and metabolic syndrome are public health concerns affecting millions of individuals worldwide. According to data collected by the Centers for Disease Control and Prevention (CDC) from 2017 to 2020, the prevalence of obesity among U.S. adults aged 20 and over was 41.9%. Obesity is associated with numerous health issues, including type 2 diabetes, cardiovascular diseases, and certain forms of cancer. Metabolic syndrome, a cluster of conditions including increased blood pressure, high blood sugar levels, excess body fat around the waist, and abnormal cholesterol levels, further exacerbates these health risks. The need for innovative treatments to combat these conditions is evident as the rates of obesity continue to rise globally.
The partnership between SciSparc and Clearmind Medicine brings together two clinical-stage companies with complementary expertise. SciSparc specializes in cannabinoid pharmaceuticals, developing drug programs targeting conditions such as Tourette Syndrome, Alzheimer's disease, pain, autism spectrum disorder (ASD), and status epilepticus. Clearmind Medicine, on the other hand, focuses on developing psychedelic-derived therapeutics to address major under-treated health issues. This collaboration has already yielded twelve other patent applications filed with the USPTO for various compositions. These applications include the combination of SciSparc’s PEA with Clearmind’s MEAI compound for treating alcohol use disorder, cocaine addiction, and obesity-related metabolic disorders.
The New Patent Application: PEA and MEAI
The new patent application submitted by SciSparc and Clearmind centers around the novel proprietary composition of Palmitoylethanolamide (PEA) and 5-methoxy-2-aminoindane (MEAI). PEA is a naturally occurring fatty acid amide that has shown promise in managing inflammation and pain. It is the active ingredient in SciSparc’s CannAmide™, a product designed to harness the therapeutic benefits of cannabinoids without psychoactive effects.
MEAI, developed by Clearmind Medicine, is a psychoactive compound derived from psychedelics. While its precise mechanism of action is still being studied, MEAI has demonstrated potential in influencing neural pathways related to addiction and appetite regulation. Combining PEA and MEAI aims to leverage their complementary properties to address metabolic syndrome and obesity. This innovative approach seeks to provide a novel treatment option for individuals struggling with these conditions, potentially improving their quality of life and reducing associated health risks.
The global obesity treatment market is poised for growth in the coming years. According to Emergen Research, the market size was valued at $15 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 10.0% during the forecast period. Key factors driving this market growth include the rising prevalence of obesity and technological advancements in weight loss equipment. As the demand for effective obesity treatments continues to increase, the introduction of new therapeutic options like the PEA and MEAI composition could play a crucial role in addressing this public health challenge. By providing an alternative approach to existing treatments, SciSparc and Clearmind aim to contribute to the broader efforts to combat obesity and its related complications.
SciSparc Ltd.: A Focus on Cannabinoid Pharmaceuticals
SciSparc Ltd. is led by a team of experienced senior executives and scientists dedicated to advancing cannabinoid pharmaceuticals. The company’s primary focus is on creating and enhancing a portfolio of technologies and assets based on cannabinoids, both THC and non-psychoactive CBD. SciSparc’s drug development programs include:
SCI-110: Targeting the treatment of Tourette Syndrome and Alzheimer’s disease with agitation.
SCI-160: Aimed at pain management.
SCI-210: Focused on treating Autism Spectrum Disorder (ASD) and status epilepticus.
By leveraging cannabinoids' therapeutic potential, SciSparc aims to develop innovative treatments for various central nervous system disorders and rare diseases.
The recent patent application submitted by SciSparc Ltd. and Clearmind Medicine Inc. represents a major step forward in the quest for new treatments for metabolic syndrome and obesity. The novel composition of PEA and MEAI holds promise as a potential therapeutic option for individuals struggling with these conditions. As the global obesity treatment market continues to expand, innovative approaches like this one could play a vital role in addressing one of the most pressing public health challenges of our time.
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as medical, legal, or financial advice. Always consult with appropriate professionals before making any decisions based on the content presented here.
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