Cardio Diagnostics Holdings, Inc. Announces U.S. Patent Application No. 17,857,723 For Compositions And Methods For Detecting Predisposition To Cardiovascular Disease
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Cardio Diagnostics Holdings, Inc. (NASDAQ:CDIO), an AI-driven precision cardiovascular medicine company, announced the U.S. Patent and Trademark Office has issued a notice of allowance for a patent application exclusively licensed to the company for detecting predisposition to cardiovascular disease. This marks the second U.S. patent in this family, with additional patents issued in the EU, China, India, and Australia. The technology aims to address the significant health burden of cardiovascular disease (CVD) in the U.S., where heart disease is the leading cause of death. The company's IP portfolio includes clinical blood tests and software solutions designed to improve prevention, detection, and management of CVD.
March 05, 2024 | 1:34 pm
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Cardio Diagnostics Holdings, Inc. has been granted a U.S. patent for technology aimed at detecting predisposition to cardiovascular disease, part of an expanding global IP portfolio.
The issuance of a new U.S. patent to Cardio Diagnostics Holdings, Inc. for its cardiovascular disease detection technology is likely to have a positive short-term impact on the company's stock price. This development not only strengthens the company's IP portfolio but also positions it as a leader in the precision cardiovascular medicine space. Given the high burden of cardiovascular disease in the U.S. and globally, advancements in detection and management are critical. The patent underscores the company's commitment to innovation and could enhance investor confidence, potentially leading to an increase in stock price.
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