(24/7 MARKET NEWS) – BioRestorative Therapies, Inc. (NASDAQ:BRTX) announced, this morning, that the United States Patent and Trademark Office issued a notice of allowance for a patent application related to the Company’s metabolic ThermoStem program. The notice of allowance will be the third US patent to issue from this ThermoStem family targeting obesity and metabolic disorders, including type 2 diabetes, and was issued on February 24, 2023.
BioRestorative Therapies is at $3.32, up $0.53 (+19.00%), on 300 thousand premarket shares.
Its 52-week trading range is $0.3501 to $3.36. It has some weak resistance around the $3.50 level and stronger resistance around $4. If it can break through the $4 resistance level, on strong trading volume, it may try to challenge the $5 trading level.
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