Summary
PMGC Holdings Inc experienced a 9.8% rise in premarket trading after NorthStrive Biosciences, a wholly owned subsidiary, submitted ten U.S. patent applications covering its proprietary EL-22 and EL-32 technologies. The filings target animal health and agricultural applications, including livestock, aquaculture and poultry, and describe approaches intended to increase muscle growth and reduce emissions.
Details of the filings
NorthStrive submitted a total of ten patent applications in the United States - five directed to EL-22 and five directed to EL-32. According to the filings described by the company, the technologies are intended as non-feed additive supplements to encourage animals to generate new muscle tissue and to increase muscle weight return on a per-animal basis.
The applications encompass multiple farmed animal categories. In aquaculture, the patents focus on methods or technologies that could shorten the time required for animals to reach commercially viable size and reduce energy costs. For poultry, the filings address improving muscle growth and boosting muscle yield per bird within normal growth timelines. Additional patent claims described by the company include measures designed to reduce emissions from livestock and aquaculture operations, suggesting an environmental component to the technology suite.
Company focus and assets
NorthStrive Biosciences is identified as a wholly owned subsidiary of PMGC Holdings and is described as focusing on the development of aesthetic medicines. The company lists EL-22 as its lead asset and characterizes its approach as an engineered probiotic aimed at preserving muscle during weight loss treatments, including in conjunction with GLP-1 receptor agonists.
PMGC Holdings characterizes itself as a diversified holding company that manages and grows its portfolio through strategic acquisitions, investments and development across various industries.
Implications for markets and sectors
The filings extend the company’s stated technological reach into animal health, agriculture, aquaculture and poultry sectors while also touching on environmental emissions concerns tied to farming and aquaculture operations. The premarket stock move reflects investor reaction to the intellectual property expansion.