Moolec Sciences shares are trading higher after the company announced the granting of a patent family in the US for its SPC2 product produced in safflower with Molecular Farming technology.
Portfolio Pulse from Benzinga Newsdesk
Moolec Sciences shares surged following the announcement of a US patent grant for its SPC2 product, produced using Molecular Farming technology in safflower.
April 30, 2024 | 10:18 am
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POSITIVE IMPACT
Moolec Sciences' stock price is likely to experience a short-term increase following the announcement of a US patent for its SPC2 product.
The granting of a patent not only validates Moolec Sciences' technology but also potentially opens up new market opportunities and competitive advantages. This kind of news typically generates positive investor sentiment, leading to a short-term increase in stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90