Cyclo Therapeutics Has Received A Notice Of Allowance For Its U.S. Patent Application 17/289,137 Titled "Methods For Treating Alzheimer's Disease".
Portfolio Pulse from Benzinga Newsdesk
Cyclo Therapeutics has received a notice of allowance for its U.S. patent application 17/289,137 titled 'Methods For Treating Alzheimer's Disease'. This indicates that the patent office has deemed their application as meeting the requirements for patentability.
November 06, 2023 | 5:14 pm
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Cyclo Therapeutics' patent application approval could potentially lead to a new product or service, which may positively impact the company's stock price in the short term.
The approval of a patent application is a positive development for a company as it provides exclusive rights to a product or service. In this case, the patent is for a method of treating Alzheimer's disease, a significant market. This could lead to increased revenues for Cyclo Therapeutics, which would likely have a positive impact on the company's stock price.
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