U.S. Patent For 3D Movement Data Goes To Red Light Holland Subsidiary, More AI Innovation Ahead
Portfolio Pulse from Lara Goldstein
Red Light Holland's tech subsidiary, Radix Motion, has been granted a U.S. patent for the use of human movement data in psychedelic-assisted therapy. The patent includes using the data to promote positive experiences, prevent negative experiences, personalize patient experiences, and evaluate therapy efficacy. The company plans to file a continuation application to seek additional claims and new patents. The technology does not require sending or storing any video information, protecting patient privacy.

October 20, 2023 | 9:25 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Red Light Holland's subsidiary, Radix Motion, has received a U.S. patent for its technology that uses human movement data in psychedelic-assisted therapy. This could potentially open up new revenue streams for the company through licensing or sale of the patent.
The patent grant to Radix Motion, a subsidiary of Red Light Holland, for its innovative technology in psychedelic-assisted therapy could potentially open up new revenue streams for the company. This could be through licensing or sale of the patent. This news is highly relevant to Red Light Holland and could have a positive impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100