24/7 Market News Snapshot 10 April, 2025 – PainReform Ltd. Ordinary Shares (NASDAQ:PRFX)
DENVER, Colo., 10 April, 2025 (www.247marketnews.com) – (Nasdaq:PRFX) are discussed in this article.
PainReform Ltd. (Nasdaq:PRFX), a clinical-stage specialty pharmaceutical company recognized for its innovative therapeutic solutions, is making significant strides in the market. Trading at $2.389 in the pre-market session represents a noteworthy increase of 31.26% from the previous close of $1.820, driven by a robust trading volume of 4.06 million shares. This surge signals strong investor interest and reflects confidence in PainReform’s growth potential.
In a strategic move to diversify its operations, PainReform has announced its entrance into the Smart Energy Management (SEM) sector through the acquisition of DeepSolar, a prominent player in artificial intelligence-driven software that optimizes solar energy applications. This milestone adds a new dimension to PainReform’s business strategy, enabling the company to capitalize on the high-growth potential of technology in the energy sector. As the global demand for sustainable energy solutions accelerates, DeepSolar’s MyDeepSolar application emerges as a vital tool for monitoring and enhancing solar energy utilization in both residential and utility-scale settings.
The acquisition aligns with PainReform’s long-term vision to address pressing energy challenges through technology. By providing real-time monitoring and predictive analytics, MyDeepSolar empowers users to optimize their solar investments and improve energy efficiency. Ehud Geller, Chairman and interim CEO, expressed that this expansion into Smart Energy Management not only resonates with current energy trends but also positions the company to harness a scalable technology platform that is critical to the energy revolution.
With this strategic dual focus on pharmaceuticals and sustainable energy, PainReform is poised to thrive in rapidly evolving markets. The integration of DeepSolar’s technology underscores the company’s commitment to driving innovation and establishing a significant presence within the competitive SEM landscape.