Cosmos Health (COSM) filed a patent application for a treatment for multiple sclerosis.
This milestone highlights the partnership with Cloudpharm and the National Hellenic Research Foundation, supported by the pharma patent expert team at NLO Group, Cosmos Health said Wednesday in a statement.
The patent is based on data from Cosmos Health's artificial intelligence-powered Cloudscreen drug repurposing platform.
"Recent findings by Cosmos Health have demonstrated the potential of a repurposed marketed drug for treating MS, with the inventors identifying a unique mechanism of action," according to the statement.
MS is an autoimmune disorder that affects the central nervous system.
Price: 0.7096, Change: +0.0096, Percent Change: +1.37