CollPlant Biotechnologies shares are trading higher after the company announced that the U.S. Patent and Trademark Office granted a patent that covers its photocurable dermal filler product candidate.
Portfolio Pulse from Benzinga Newsdesk
CollPlant Biotechnologies has been granted a patent by the U.S. Patent and Trademark Office for its photocurable dermal filler product candidate, leading to a rise in its share prices.
November 01, 2023 | 5:03 pm
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The granting of the patent to CollPlant Biotechnologies for its product candidate has led to an increase in its share prices.
The granting of a patent is a significant milestone for any company as it provides exclusive rights to the patented product, potentially leading to increased revenues. This news has positively impacted investor sentiment, leading to a rise in CollPlant's share prices.
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