First Wave BioPharma Expands Adrulipase Intellectual Property Portfolio

(24/7 MARKET NEWS) – First Wave BioPharma, Inc. (NASDAQ:FWBI) filed a U.S. Provisional Patent application involving composition of matter improvements designed to enhance adrulipase’s delayed release profile. This filing adds to the growing intellectual property (IP) portfolio governing adrulipase, which includes patent applications governing adrulipase formulation and methods of use and the utilization of enteric formulations in the delivery of adrulipase.

First Wave BioPharma is trading at $5.37, 95-cents higher (21.49%), on volume of 930 thousand shares traded.

Its 52-week range is $3.0121 to $348.60. Its next key inflection points are approximately $7, $8, and $9.

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