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SaverOne 2014 Ltd. ADR ( (SVRE) ) has issued an update.
On February 4, 2025, SaverOne announced a contract with Teva Pharmaceutical Industries Ltd. to deploy its Driver Distraction Prevention System in all 50 of Teva’s delivery trucks in Israel. This expansion follows a successful initial deployment in 14 trucks and highlights SaverOne’s growing demand and capability in enhancing road safety for commercial fleets. The collaboration with Teva underscores the importance of technological solutions in preventing driver distractions, a leading cause of road accidents, and suggests potential for future global deployments within Teva’s extensive fleet operations.
More about SaverOne 2014 Ltd. ADR
SaverOne 2014 Ltd. is a technology company specializing in transportation safety solutions aimed at preventing vehicle accidents caused by driver distractions, particularly those related to mobile phone use while driving. The company targets commercial and private vehicle fleets, vehicle manufacturers, and insurance companies, with a focus on the Israeli, European, and U.S. markets.
YTD Price Performance: -49.22%
Average Trading Volume: 336,480
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.22M
For detailed information about SVRE stock, go to TipRanks’ Stock Analysis page.
