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Bullboard - Stock Discussion Forum Innovotech Inc V.IOT

Technology Scientific & Technical Instruments
Innovotech Inc. is a Canada-based biotechnology company. The Company is engaged in owning intellectual property, conducting contract research, and owning and providing devices for testing in multiple applications in microbiology. Its contract research services include Antimicrobial Contract Research; Antimicrobial and Anti-Biofilm Agents, including Minimum Inhibitory Concentration (MIC) and... see more

TSXV:IOT - Post Discussion

Innovotech Inc > New acquisition
View:
Post by phred7 on Aug 23, 2020 12:20pm

New acquisition

Can anyone tell me if Nou Life is  synergistic or a new line.... and what the benifit will be. thanks.
Comment by overnout on Aug 23, 2020 6:59pm
I believe that Innovotech will be using their laboratory facilities to combine these two molecules, alpha lipoic acid and L-carnitine into one molecule, which Nou Life will hope to patent. Then this from there News Release 'Innovotech's research and testing of the linked molecules will seek to confirm that the linked molecules improve function in skin treatment sufficiently to ...more  
Comment by eunice12 on Aug 26, 2020 11:29am
Nuo's product is unrelated to biofilms. IOT got an option to earn 60% on terms they liked so made the deal. No synergies, just a new product line.
Innovotech Inc