PYC Therapeutics Ltd Granted US Patents for Three RNA Drug Candidates

By Josua Ferreira -

US Patent Office grants composition of matter patents across PYC’s three clinical programs

On 8 July 2026, PYC Therapeutics (ASX:PYC) announced that the US Patent Office has granted composition of matter claims covering all three of its clinical-stage RNA drug candidates. PYC is a precision medicine company dedicated to changing the lives of patients with genetic diseases who have no treatment options available.

The company operates across Perth, Australia and San Francisco, California.

What the patents cover and how long they run

The grant applies to composition of matter claims, the specific legal term used by the company, across three clinical-stage programs. Each patent extends drug candidate protection into the 2040s, as set out below.

Drug Candidate Target Disease Patent Protection Until
PYC-003 Polycystic Kidney Disease 13 June 2044
PYC-001 Autosomal Dominant Optic Atrophy 10 April 2043
VP-001 Retinitis Pigmentosa Type 11 17 May 2043

The company’s fourth program, PYC-002, which targets Phelan-McDermid Syndrome, is not covered by this grant. According to the announcement, the patent claims for PYC-002 are yet to be examined.

PYC Therapeutics Patent Pipeline Dashboard

Why composition of matter patents matter for biotech investors

For investors, the significance lies in the length of exclusivity.

PYC’s model centres on a proprietary drug delivery platform designed to enhance the potency of RNA therapies that target monogenic (single-gene) diseases.

What this means for PYC’s pipeline and outlook

With three of its four programs now holding granted composition of matter protection, PYC’s core pipeline IP is secured well into the next two decades. The protected candidates address Polycystic Kidney Disease (PYC-003), Autosomal Dominant Optic Atrophy (PYC-001), and Retinitis Pigmentosa Type 11 (VP-001).

VP-001 and PYC-001 clinical data presented at ARVO 2026 showed VP-001 treated eyes dosed at 30 mcg or more achieving a 21.4% rate of 10-letter or greater vision gain versus 3.1% in natural history controls, while PYC-001 demonstrated low-contrast visual acuity improvements extending beyond 60 weeks.

The patent claims for PYC-002, targeting Phelan-McDermid Syndrome, remain under examination and stand as a forward item for investors to watch. The announcement does not disclose any expected timing or outcome for that examination.

PYC is a precision medicine company dedicated to changing the lives of patients with genetic diseases who have no treatment options available.

PYC’s drug development programs target monogenic diseases, which the company notes are the indications with the highest likelihood of success in clinical development. The company positions its work within the rapidly growing and commercially proven RNA therapeutic class.

For readers wanting to track the PYC-003 safety and dosing timeline in full, our detailed coverage of PYC-003 cohort progression walks through the Safety Review Committee approval process, the efficacy biomarkers being measured across cohorts, and what a successful Phase 1a/1b readout would need to demonstrate to unlock a combined Phase 2/3 registrational trial.

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Frequently Asked Questions

What is a composition of matter patent in biotech?

A composition of matter patent protects the drug molecule itself — not just how it is used or manufactured — making it the strongest form of pharmaceutical IP because competitors cannot design around it without creating an entirely different compound.

Which PYC Therapeutics drug candidates are covered by the new US patent grants?

The US Patent Office grants cover PYC-003 (Polycystic Kidney Disease, protected until June 2044), PYC-001 (Autosomal Dominant Optic Atrophy, until April 2043), and VP-001 (Retinitis Pigmentosa Type 11, until May 2043). The fourth program, PYC-002 targeting Phelan-McDermid Syndrome, is not yet covered as its claims remain under examination.

What clinical results has PYC Therapeutics reported for VP-001 and PYC-001?

At ARVO 2026, VP-001 treated eyes dosed at 30 mcg or more achieved a 21.4% rate of 10-letter or greater vision gain compared to 3.1% in natural history controls, while PYC-001 demonstrated low-contrast visual acuity improvements extending beyond 60 weeks.

What is the status of PYC-002 and its patent application?

PYC-002, which targets Phelan-McDermid Syndrome, was not included in the July 2026 patent grant — its composition of matter claims are still under examination by the US Patent Office, with no disclosed timeline for an outcome.

Why do US patent grants matter for ASX-listed biotech companies like PYC Therapeutics?

US patent grants secure market exclusivity in the world's largest pharmaceutical market, protecting a company's drug candidates from generic or biosimilar competition for the duration of the patent term and strengthening the company's position in any future licensing or partnership negotiations.

Josua Ferreira
By Josua Ferreira
Partnership Director
Josua Ferreira holds a Bachelor of Commerce in Marketing and Advertising and brings a background in publication, business development, and ASX market storytelling. He has worked with listed companies across the resource sector and broader market, combining sharp commercial instincts with a genuine commitment to keeping investors informed.
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