PainReform Executes Definitive Agreement to Acquire DeepSolar, Marking a Unique Expansion Opportunity
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PainReform Ltd. (Nasdaq: PRFX) has signed a definitive agreement to acquire DeepSolar, an AI-driven solar analytics platform, from BladeRanger Ltd. This acquisition marks PainReform's expansion into the solar market, while it continues to focus on its drug delivery technologies.
February 18, 2025 | 1:45 pm
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PainReform Ltd. has executed an agreement to acquire DeepSolar, expanding into the solar market. This move diversifies its business while continuing its focus on drug delivery technologies.
The acquisition of DeepSolar by PainReform represents a strategic diversification into the solar market, which could enhance its growth potential. This move is likely to be viewed positively by investors, as it opens new revenue streams while maintaining its core focus on drug delivery technologies.
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