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| Wednesday, October 25, 2006 |
| Digital Angel Corp shares soared 41% to $3.53 in Wednesday morning trade after the South St. Paul, Minn.-based company said the U.S. Patent and Trademark Office has granted it a patent for its syringe-implantable glucose-sensing RFID microchip. The microchip measures the glucose concentration levels of diabetic patients, the company said. Digital Angel said its sister company, VeriChip, will market and distribute the product. Shares of Applied Digital Inc.(ADSX), the majority owner of Digital Angel, jumped more than 50% on the news. |
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