Autonomix Issued U.S. Patent Covering Proprietary Catheter-Based Technology For Treatment Of Cancer Related Pain
Portfolio Pulse from Benzinga Newsdesk
Autonomix has been granted a U.S. patent for its catheter-based technology aimed at treating cancer-related pain. This technology, part of a portfolio with over 100 issued and pending patents, targets a $100 billion market opportunity. It represents a potential breakthrough by combining the detection of problematic neural signals and nerve ablation into a single procedure, which could significantly impact pain management and other medical indications.
April 16, 2024 | 1:01 pm
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Autonomix's newly issued U.S. patent for its catheter-based technology for cancer pain treatment could significantly enhance its market position. With a portfolio of over 100 patents, this technology targets a substantial $100 billion market, indicating a strong potential for growth and market penetration in the healthcare sector.
The issuance of a U.S. patent enhances Autonomix's competitive edge in the healthcare market, especially in the pain management segment. This patent not only secures the company's intellectual property but also opens up significant market opportunities in a sector with a substantial economic footprint. The dual functionality of the technology, combining detection and ablation of neural signals, positions Autonomix to address a critical need in cancer pain management, potentially leading to increased interest from investors and healthcare providers.
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