Cingulate shares are trading higher after the company on Thursday was granted European patent No. 3261625 for CTx-1301, its lead asset for the treatment of ADHD.
Portfolio Pulse from Benzinga Newsdesk
Cingulate shares are trading higher after the company was granted European patent No. 3261625 for CTx-1301, its lead asset for the treatment of ADHD.
August 16, 2024 | 1:18 pm
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Cingulate shares are trading higher following the grant of European patent No. 3261625 for CTx-1301, its lead asset for ADHD treatment.
The grant of a European patent for CTx-1301 is a significant milestone for Cingulate, potentially increasing the marketability and protection of its lead ADHD treatment. This positive development is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100