Benzinga | Sep 10, 2021 09:32AM EDT

NYMOX Provides Shareholder Update

Nymox Pharmaceutical Corporation (NASDAQ:NYMX) (the "Company") is pleased to provide an update on the Company's progress with its BPH treatment product Fexapotide Triflutate.



The Company announced today that all Company tasks have been completed and documented and that the upcoming filing process in that regard has proceeded fully as planned. The Company is satisfied that it has fulfilled all of its required tasks and mandates at this point. The date of filing has been extended in a minor way mainly due to the need for certain forms and facility documents from third party vendors and contractors that are routinely required. Management assures Nymox shareholders that there are no material or unfamiliar elements unaccounted for in this update.

Nymox is pleased to report that it has filed with regulatory bodies for brand names for Fexapotide. The Company has been formally informed by the authorities in more than one of the major jurisdictions that the proposed marketing trade names that were filed by the Company would be acceptable. Those acceptances are always subject to the outcomes of the filing processes.

Nymox is also pleased to report updates on the acceptance and issuance of several new patents that will bolster the intellectual property protections for the new drug. These are from many different jurisdictions and provide increasing protection for the Company's assets.

Dr Paul Averback, Nymox CEO said, "We are extremely pleased with the results of our long-haul labors and we expect to keep our supporters thoroughly informed, as much as we can. We obviously cannot speak for third party collaborators with whom we work except to say that we have nothing but good things to say about the commitment to quality which exists with our vendors and associates. The last few steps of documentation from the outside are not under our control. However, we expect the filing to occur soon and without major delay. The Company will report to shareholders within 30 days with all the information at hand."