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Obalon Wins 2 US Patents For Intragastric Balloon System

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Obalon Wins 2 US Patents For Intragastric Balloon System

Shares of micro-cap Obalon Therapeutics Inc (NASDAQ: OBLN) traded higher Tuesday after the company announced it has obtained two new U.S. patents covering its proprietary intragastric balloon system.

The Obalon balloon system is a swallowable intragastric balloon system indicated for temporary use to facilitate weight loss in adults with obesity.

Obalon Therapeutics shares were trading higher by 4.27% at 64 cents at the time of publication Tuesday. 

Related Links:

Obalon Ticks Higher Amid Patent Abstract For Intragastric Device

Premarket Approval Doc For Balloon System Sends Obalon Shares Sharply Higher

Posted-In: Biotech News Penny Stocks Markets General Best of Benzinga

 

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