NetScientific PLC (LON:NSCI) has announced the issue by the US Patent and Trademark Office of two new patents exclusively licensed to its portfolio company, Wanda.
The transatlantic healthcare IP commercialisation group said the patents will significantly extend protection for the core technology used in Wanda's software application for remote health and patient management.
It added that the patents - titled, "Apparatus, System, and Method for Detecting Activities and Anomalies in Time Series Data" and "Efficient Searching of Stationary Datasets" - are the result of research on clinical time-series data at UCLA.
Commenting on the news, Francois R. Martelet, NetScientific's chief executive officer and Wanda’s chairman said: "We are delighted to announce that Wanda is further strengthening its IP, an important step in its continued corporate development.
“We believe Wanda's class-leading predictive and behavioural analytics platform acts as a competitive differentiator in the emerging and highly exciting Digital Health sector."