Enveric Biosciences Sells Cancer Patents As It Paves Way For Mental Health Treatments
Enveric Biosciences Inc. (NASDAQ:ENVB) said on Friday it has agreed to sell one of its cancer-related patent portfolios. The Cambridge, Massachusetts-based company didn’t disclose the amount.
The divested portfolio includes patents issued in the U.S., Australia, Canada, China, Europe and Japan, with patent applications pending in Canada, Israel, and Korea, the company said in a press release.
The patents and applications up for sale outline and assert the blend of cannabidiol and additional therapeutic agents as a treatment for cancer.
Why It Matters
Enveric is a biotechnology company …