BrainStorm Granted Patents for Allogeneic Exosome Platform-Product in Neurological Disorder Treatments
Portfolio Pulse from Benzinga Newsdesk
BrainStorm Cell Therapeutics Inc. (NASDAQ:BCLI) has been granted patents in Europe, Australia, and Israel for its NurOwn and NurOwn-Exosomes technologies. These patents cover methods of qualifying cells for treating ALS and the use of specific exosomes derived from MSC-NTF cells for treating neurodegenerative diseases. The grants are expected to strengthen BrainStorm's intellectual property position in the field of neurodegenerative disease treatments.

December 26, 2023 | 12:31 pm
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BrainStorm Cell Therapeutics Inc. has received patents for its NurOwn and NurOwn-Exosomes technologies, potentially enhancing its treatment offerings for ALS and other neurodegenerative diseases.
The grant of these patents is likely to have a positive impact on BCLI's stock price in the short term as it solidifies the company's intellectual property and could provide a competitive edge in the market for neurodegenerative treatments. Patents are critical in the biotech industry for protecting R&D investments and maintaining exclusivity over novel treatments, which can lead to potential partnerships, licensing deals, or increased investor confidence.
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