electroCore Expands Intellectual Property Portfolio; The Two Patents Were Issued On December 26, 2023, And Relate To ElectroCore's Non-Invasive Vagus Nerve Stimulation Technology
Portfolio Pulse from Happy Mohamed
electroCore, Inc. (NASDAQ:ECOR) has expanded its intellectual property portfolio with the issuance of two patents related to its non-invasive vagus nerve stimulation (nVNS) technology. The patents, issued on December 26, 2023, cover systems and methods for remote therapy and patient monitoring, and medical devices for treating medical conditions with a focus on dosage and deactivation features.
December 26, 2023 | 1:04 pm
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electroCore's patent expansion strengthens its position in the bioelectronic medicine market, potentially increasing investor confidence and providing a competitive edge in nVNS technology.
The issuance of new patents directly enhances electroCore's intellectual property, which is critical for maintaining a competitive advantage in the bioelectronic medicine industry. This can lead to increased investor confidence and potentially higher demand for ECOR shares in the short term, as the market often reacts positively to such developments.
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