RedHill Biopharma Will Be Issued U.S. Patent Number 11,918,560 Tomorrow Titled "Serine Protease Inhibitor For Treating Coronavirus Infection"
Portfolio Pulse from Benzinga Newsdesk
RedHill Biopharma is set to be issued U.S. Patent Number 11,918,560, titled 'Serine Protease Inhibitor For Treating Coronavirus Infection.' This development could potentially enhance RedHill's position in the market for coronavirus treatments.
March 04, 2024 | 5:35 pm
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RedHill Biopharma's upcoming U.S. patent for a coronavirus treatment could significantly bolster its market position and investor confidence.
The issuance of a U.S. patent for a coronavirus treatment directly impacts RedHill Biopharma by potentially increasing its competitive edge in the market. This development could lead to increased investor confidence and a positive short-term impact on RDHL's stock price, given the current global focus on coronavirus treatments.
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