EXCLUSIVE: HeartSciences Announces Expansion of Artificial Intelligence Patent Portfolio
Portfolio Pulse from Vandana Singh
HeartSciences (NASDAQ:HSCS) has been issued a notice of patent allowance from the European Patent Office, expanding its AI patent portfolio. The patent covers quantification of key echocardiographic measures of heart function using AI methods. The company has been granted or allowed 41 patents, including nine in the U.S. and others in key international markets. CEO Andrew Simpson sees this as a major competitive advantage as the company moves toward commercialization.
August 17, 2023 | 12:36 pm
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HeartSciences' new patent allowance could provide a competitive advantage in the market, potentially boosting its stock value. The company's focus on expanding its patent portfolio indicates a strong commitment to innovation and market leadership.
The new patent allowance for HeartSciences could provide a significant competitive advantage, as it expands the company's AI capabilities in cardiac testing. This could potentially lead to increased market share and revenues, positively impacting the stock value. The company's commitment to expanding its patent portfolio also signals a strong focus on innovation and market leadership, which could further boost investor confidence.
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