BioSig Technologies shares are trading higher after the company announced that the U.S. Patent and Trademark Office awarded several new utility patents covering the company's PURE EP digital signal processing technology.
Portfolio Pulse from Benzinga Newsdesk
BioSig Technologies has been awarded several new utility patents by the U.S. Patent and Trademark Office. These patents cover the company's PURE EP digital signal processing technology. This news has led to an increase in the company's share price.
November 01, 2023 | 4:56 pm
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POSITIVE IMPACT
BioSig Technologies' stock price is likely to increase in the short term due to the award of several new utility patents for its PURE EP technology.
The award of several new utility patents for BioSig Technologies' PURE EP technology is a positive development for the company. This not only validates the uniqueness and innovation of the technology but also provides the company with legal protection against competitors. This news is likely to boost investor confidence in the company, leading to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100