SciSparc surged 16.79% intraday after announcing the acquisition of Xylo Technologies’ MUSE™ endoscopic system IP, a single-use device for treating GERD. The deal, structured as a 19.99% equity stake in SciSparc, grants access to a growing $3.03 billion GERD device market by 2030. The move aligns with Xylo’s prior $3 million licensing success in China, with SciSparc planning to replicate this model in North America, Europe, and Latin America. The transaction’s equity-based structure and the GERD market’s projected growth underscore the strategic value, driving investor optimism. Additional catalysts, including a depression.
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