Indaptus Therapeutics

Indaptus Therapeutics, Inc. is a pre-clinical biotechnology company. It engages in the development of a novel and patented systemically-administered anti-cancer and anti-viral immunotherapy. The firm created patented treatment methods and associated patented compositions for attenuation and killing of non-pathogenic, Gram-negative bacteria. The company was founded by Michael James Newman on February 24, 2021 and is headquartered in New York, NY.

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The United States Patent and Trademark Office has issued a notice of patent allowance to Indaptus Therapeutics Inc's (NASDAQ: INDP) platform technology. The patent provides broad protection for applying the Company's platform technology alone and in combination with standards of care for the treatment and inhibition of hepatitis B virus (HBV) and human immunodeficiency virus (HIV) infections.

Why Are Indaptus Therapeutics Shares Shooting Higher On Wednesday?

The stock price of Indaptus Therapeutics Inc (NASDAQ: INDP) is trading at over 57% pre-market today. This is why it happened.

INDP Stock: Why It Significantly Increased Today

Key Patent for Platform Technology to Treat or Inhibit HBV and HIV Infections Key Patent for Platform Technology to Treat or Inhibit HBV and HIV Infections

Indaptus Therapeutics Receives Notice of Allowance for Strategic Patent

Intec Parent

NEW YORK, Aug. 3, 2021 /PRNewswire/ -- Indaptus Therapeutics, Inc. (Nasdaq: INDP) ("Indaptus" or the "Company," and formerly, Intec Parent, Inc.) today announced the closing of its previously announced merger with Decoy Biosystems, Inc. ("Decoy") and the completion of a $30 million private placement in accordance with the merger agreement. In addition, the Company announced a corporate name change to Indaptus Therapeutics, as it better reflects the Company's therapeutic focus.

Intec Closes Merger with Decoy Biosystems

News for Indaptus Therapeutics Stock (INDP)