SaverOne 2014 Ltd. ADR (SVRE) has released an update.
SaverOne 2014 Ltd. has expanded its intellectual property portfolio with the granting of a new European patent for its innovative transportation safety technology, which prevents driver distraction through selective blocking of mobile phone functions. The company now holds 23 patents aimed at enhancing road safety by curbing mobile phone-induced accidents, a major issue cited by the CDC as contributing to the 1.4 million global road fatalities annually. SaverOne is strategically positioned for global expansion, targeting markets in the EU, US, Israel, and China, focusing on vehicle fleets, manufacturers, and insurance companies.
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