InspireMD Reveals Issuance Of Key U.S. Patent Covering Its SwitchGuard Neuroprotection System
Portfolio Pulse from Benzinga Newsdesk
InspireMD has announced the issuance of a key U.S. patent for its SwitchGuard Neuroprotection System, which is designed to protect against embolic events during stenting procedures. This patent strengthens the company's intellectual property portfolio and may enhance its competitive position in the market for neuroprotection devices.
December 20, 2023 | 12:02 pm
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The issuance of a key U.S. patent for InspireMD's SwitchGuard Neuroprotection System could potentially increase investor confidence in the company's future prospects and its ability to protect its market share against competitors.
The issuance of a patent is a significant event for a medical device company as it provides legal protection for their technology, potentially reducing competition and opening up more market opportunities. This can lead to increased investor confidence and a positive impact on the company's stock price in the short term.
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