Brainstorm Cell Therapeutics shares are trading higher after the company announced that it was granted patents for Allogeneic Exosome Platform-Product in neurological disorder treatments.
Portfolio Pulse from Benzinga Newsdesk
Brainstorm Cell Therapeutics' stock is up following the announcement of granted patents for its Allogeneic Exosome Platform-Product, aimed at treating neurological disorders.
December 26, 2023 | 2:07 pm
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POSITIVE IMPACT
Brainstorm Cell Therapeutics has been granted patents for its Allogeneic Exosome Platform-Product, which could potentially treat neurological disorders, positively impacting the company's stock.
The granting of patents is a significant positive development for Brainstorm Cell Therapeutics as it solidifies the company's intellectual property rights and potentially opens up new avenues for commercialization. This news is likely to be viewed positively by investors, as it can lead to future revenue streams and partnerships, thus potentially increasing the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100