Telesis Bio shares are trading higher after the company was granted EUR Patent #3503915 for "Genetically Engineered Vibrio Natriegens (Host Organism For Cloning And Manipulating DNA)".
Portfolio Pulse from Benzinga Newsdesk
Telesis Bio's stock price increased following the announcement that the company has been granted a European patent (EUR Patent #3503915) for 'Genetically Engineered Vibrio Natriegens (Host Organism For Cloning And Manipulating DNA)'.
February 23, 2024 | 1:37 pm
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Telesis Bio's stock price is likely to experience a short-term increase following the news of the European patent grant for its innovative DNA technology.
The grant of a European patent for Telesis Bio's technology is a significant positive development, indicating the company's innovative capabilities and potential market advantage. This news is likely to boost investor confidence and attract attention to TBIO's stock, leading to a short-term increase in its price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100