tiprankstipranks
Trending News
More News >

Cyclopharm Secures U.S. Patent Extension for Technegas® to 2031

Story Highlights
Cyclopharm Secures U.S. Patent Extension for Technegas® to 2031

Confident Investing Starts Here:

Cyclopharm Limited ( (AU:CYC) ) just unveiled an announcement.

Cyclopharm Limited has secured a five-year patent extension for its Technegas® Kit in the United States, extending exclusivity until 2031. This extension provides a significant competitive advantage in the U.S. market, allowing Cyclopharm to capitalize on the commercial and clinical potential of Technegas® without the threat of generic competition. The extension underscores the strong clinical profile of Technegas® and supports Cyclopharm’s strategic efforts to expand its market presence and innovation in pulmonary imaging technologies.

The most recent analyst rating on (AU:CYC) stock is a Buy with a A$2.70 price target. To see the full list of analyst forecasts on Cyclopharm Limited stock, see the AU:CYC Stock Forecast page.

More about Cyclopharm Limited

Cyclopharm Limited is an ASX-listed radiopharmaceutical company that serves the global medical community. The company focuses on improving patient care outcomes through its core product, Technegas®, which is used in functional lung ventilation imaging. Technegas® is a radioactive diagnostic agent that aids in the visualization of pulmonary ventilation and evaluation of pulmonary embolism, with applications extending to other respiratory conditions.

Average Trading Volume: 93,964

Technical Sentiment Signal: Sell

Current Market Cap: A$116.7M

See more insights into CYC stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1