Axcella shares are trading higher after the company announced it was granted a patent for long COVID fatigue treatment.
Portfolio Pulse from Benzinga Newsdesk
Axcella has been granted a patent for a treatment for long COVID fatigue, leading to a rise in its share prices.
August 29, 2023 | 12:36 pm
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Axcella's stock is trading higher after the company was granted a patent for long COVID fatigue treatment.
The granting of a patent for a new treatment for long COVID fatigue is a significant development for Axcella. This could potentially open up a new revenue stream for the company, which is likely why the stock is trading higher. However, the actual impact will depend on the success of the treatment in the market.
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