(24/7 Market News) Janone Inc (NASDAQ: JAN) is running again, trading at $4.41, 63 cents higher (+16.66%), on 7.24 million shares traded, but well off its early session high of $4.77.
Shares in the company, which is focused on the development of drugs with non-addictive, pain-relieving properties, have been trading higher since its stated, two days ago, that it was issued a patent that covers a method of improving nerve function using JAN101, a potential treatment for peripheral artery disease (PAD), a vascular disease that affects more than 8.5 million people in the U.S. and more than 60 million people worldwide.
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