Reshape LifeSciences Significantly Strengthens Patent Portfolio Related To Its Obalon Balloon System; U.S. Patent And Trademark Office Has Granted One Patent And Provided The Company With A Notice Of Allowance For Two Additional Patents
Portfolio Pulse from Benzinga Newsdesk
Reshape LifeSciences has strengthened its patent portfolio related to its Obalon Balloon System. The U.S. Patent and Trademark Office has granted one patent and provided the company with a Notice of Allowance for two additional patents. The patents cover various aspects of the intragastric balloon system, including a needle assembly for inflation, a pressure control system, and a swallowable capsule with a compacted balloon inside.
September 19, 2023 | 12:35 pm
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Reshape LifeSciences has received one patent and two Notices of Allowance for its Obalon Balloon System. This strengthens the company's patent portfolio and could potentially protect it from competition.
The granting of patents and Notices of Allowance strengthens Reshape LifeSciences' intellectual property rights, potentially protecting it from competition and allowing it to maintain or increase its market share. This could have a positive impact on the company's stock price in the short term.
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