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60 Degrees Pharmaceuticals Signs Exclusive Patent License Agreement with Florida State University for Non-Prescription Use of Australian Chestnut Extract as a Botanical Supplement

$SXTPPress releaseJun 11, 2026, 8:03 AM ETRead the release

60 Degrees Pharmaceuticals signed an exclusive patent license with Florida State University to extract castanospermine from Australian Chestnut seeds for non-prescription use. The company will meet with the FDA on July 1, 2026, to discuss feedback on its New Dietary Ingredient Notification (NDIN) for Australian Chestnut Extract.

Key figures

Fda meeting date
July 1, 2026

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