BUZZ-SciSparc jumps after deal to buy Xylo's medical device patents

Reuters

2025/11/26

** Shares of Israel-based drug developer SciSparc SPRC.O rise 36.11% to $3.07 premarket

** Co says it has agreed to buy a portfolio of patents and intellectual property for medical devices from Xylo Technologies

** The deal includes the "MUSE system," a single-use endoscopic device used in a minimally invasive procedure to treat acid reflux disease, known as GERD

** Xylo to get 19.99% of SPRC’s share capital or pre-funded warrants at closing, co says

** Co says it plans to replicate Xylo’s China commercialization model in North America, Europe and Latin America

** Up to last close, stock down ~68% YTD

(Reporting by Sahil Pandey in Bengaluru)

((Sahil.Pandey@thomsonreuters.com))

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21:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BUZZ-SciSparc jumps after deal to buy Xylo's medical device patents</title></head><body><p>** Shares of Israel-based drug developer SciSparc <span>SPRC.O</span> rise 36.11% to $3.07 premarket</p><p>** Co says it has agreed to buy a portfolio of patents and intellectual property for medical devices from <a href=\"https://laohu8.com/S/XYLO\">Xylo Technologies</a></p><p>** The deal includes the \"MUSE system,\" a single-use endoscopic device used in a minimally invasive procedure to treat acid reflux disease, known as GERD</p><p>** Xylo to get 19.99% of SPRC’s share capital or pre-funded warrants at closing, co says</p><p>** Co says it plans to replicate Xylo’s China commercialization model in North America, Europe and Latin America</p><p>** Up to last close, stock down ~68% YTD</p><p> (Reporting by Sahil Pandey in Bengaluru)</p><p> 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