Guardion Health Sciences GHSI Stock News

Guardion Health Sciences Inc (NASDAQ: GHSI) is making an impressive run for the top in the market this morning after announcing that it has received a new patent in Hong Kong. The news led to the stock flying for the top, currently trading on gains of 84.38% thus far today. Here’s the scoop:

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GHSI Stock Soars On New Patent

Investors are sending Guardion Health Sciences on a run for the top in the market this morning after the company announced patent news in a press release. In the release, the company said that it has received a new patent from the Patents Registry in Hong Kong.

The patent, number HK1204758, is titled “Apparatus for Use in the Measurement of Macular Pigment Optical Density and/or Lense Optical Density of an Eye. The patent covers the company’s proprietary medical device known as the MapcatSF.

The MapcatSF device was developed to measure the macular pigment density in the human eye. Through these measurements, treatment for several ocular conditions and diseases that affect a large number of patients may be facilitated.

This isn’t the only good IP news that we’ve seen from the company as of late either. In fact, recently, GHSI said that it received trademark registration from the People’s Republic of China for two products. The first of these was its medical food product, Lumega-Z and the second being the MapcatSF device.

In a statement, Dr. David Evans, CSO at GHSI, had the following to offer:

The granting of this patent in Honk Kong represents an important step in Guardion’s process to expand into the large Asian markets, where evidenced-based eye care is of great interest to both physicians and consumers. Guardion’s proprietary technologies strengthen our position as we consider additional business opportunities across Asia.

Why This News Is Significant

Ultimately, running a business takes a bit more than creating a product and selling it. In fact, intellectual property, often referred to as IP is overwhelmingly important.

Warren Buffet, one of the most successful investors who ever lived has often talked about the value of an IP moat. Essentially, by building a strong portfolio of intellectual property,  companies protect themselves from competition, creating strong opportunities for value growth ahead.

That’s exactly what we’re seeing from GHSI as it continues to build a strong IP portfolio around both Lumega-Z and MapcatSF. All in all, this is great news for investors!

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