Shares of Godavari Biorefineries surged as much as 14.2% to hit an intraday high of Rs 258.87 on the NSE on September 16 after the company received a patent from the Chinese Patent Office for compounds used in the treatment of viral infections. 

The patent, titled “Use of Compounds for Treating Viral Infections”, covers the use of specific compounds that inhibit V-ATPase activity in cells. The company said the invention also covers their use in manufacturing medicines for treating viral infections. V-ATPase, or vacuolar ATPase, is a cellular mechanism involved in processes that some viruses use during infection.

The Chinese patent carries registration number ZL 2021 8 0048053.9 and was granted on September 15, 2026. The original application was filed on May 10, 2021. The grant gives the company intellectual property protection in China for the specified invention.

The latest patent adds to Godavari Biorefineries’ growing intellectual property portfolio in life sciences. Earlier this year, the company secured a Japanese patent for an invention related to viral infection treatment. It also received a Japanese patent for a compound being studied for cancer treatment.

Godavari Biorefineries is primarily known for its businesses in sugar, ethanol, bio-based chemicals and power. The company has been expanding its research activities into areas such as pharmaceuticals and biotechnology, adding a new dimension to its traditional business operations.

However, the patent grant does not by itself indicate that the compounds have reached commercialisation or that they will immediately generate revenue. 

The company would need further development, regulatory approvals and potentially commercial partnerships before the technology can translate into a marketed treatment. The current filing does not disclose any commercialisation plans.

By around 1:15 PM, Godavari Biorefineries shares were trading at Rs 246.74, up around 9% from the previous close, after retreating from the day’s high.

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