The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

PainChek®, developer of the world’s first smartphone-based pain assessment and monitoring application, has been granted a patent in 20 European nations by the European Patent Office.

The Sydney-based medical technology company said that its patent application, entitled “A Pain Assessment Method and System”, enables PainChek to safeguard the intellectual property of its pain assessment and monitoring technology within the European market.

Countries covered by the patent include: Austria, Belgium, Bulgaria, Denmark, Estonia, Finland, France, Germany, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovenia, Spain, Sweden, Switzerland and the United Kingdom.  The patent protection for all these regions is until 2035.

Paincheck said the patent further strengthens PainChek’s global intellectual property portfolio, which includes existing patents in the USA, Japan, and China.

Philip Daffas, CEO of PainChek, commented: “The granting of this European patent is a pivotal achievement for PainChek as it solidifies our position in one of the world’s largest healthcare markets, including the UK which is a particularly important growth region for the company.

“This protection enhances our ability to deliver innovative pain assessment solutions to a broader audience, ensuring better pain assessment and management for individuals in need.”

Paincheck opened flat this morning and was trading at 31 cents.

PCK by the numbers
More From The Market Online
The Market Online Video

ASX Market Close: Consumer Discretionary rises ahead of interest rates decision | June 14, 2024

The ASX200 is down a third of a per cent to close the week. All sectors…
The Market Online Video

ASX Market Update: ASX slips 0.3%, Discretionary is the only sector to rise | 14 June, 2024

The ASX200 is trading down around 0.3%. The discretionary sector has made gains of 0.3%, all…

Week 24 Wrap: US contagion sentiment not so contagious; iron ore remains pressured

It was, overall, a lacklustre week for the ASX. We only saw one green day on…
The Market Online Video

Geology is King: Sun Silver says Maverick Springs will outshine high-grade Australian mines

Sun Silver Ltd (ASX:SS1) is seeking gold, silver and pathfinder elements at their Maverick Springs project…