08:48 AM EST, 12/30/2024 (MT Newswires) -- SaverOne 2014 ADR (SVRE) said Monday it has been granted a US patent for its technology that identifies cellphone locations within vehicles to potentially reduce driver distractions.

The company said the patent employs methods such as angle of arrival, time of flight, and radio frequency signal intensity to determine whether a cellphone is in the driver's vicinity, enabling selective blocking.

Shares of SaverOne were down fractionally in recent Monday premarket activity.