Ocean Biomedical shares are trading higher after the company announced a patent award for novel cancer immunotherapy treatment, granted for prostate cancer, colon cancer, ovarian cancer, kidney cancer, breast cancer, glioblastoma, melanoma and lung cancer.
Portfolio Pulse from Benzinga Newsdesk
Ocean Biomedical announced a patent award for its novel cancer immunotherapy treatment, covering various types of cancer. This news has led to an increase in the company's share price.
May 23, 2023 | 12:27 pm
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Ocean Biomedical's stock price is trading higher after the announcement of a patent award for their novel cancer immunotherapy treatment.
The patent award for Ocean Biomedical's novel cancer immunotherapy treatment is a significant milestone for the company. It covers various types of cancer, which increases the potential market for the treatment. This news has led to an increase in the company's share price, indicating a positive short-term impact.
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