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Sona Nanotech Inc C.SONA

Alternate Symbol(s):  SNANF

Sona Nanotech Inc. is a nanotechnology life sciences company, which is engaged in developing targeted hyperthermia therapy. The Company has developed multiple methods for the manufacturing of various types of gold nanoparticles (GNR). It is engaged in research and development of its technology for use in multiplex diagnostic testing platforms and advanced biomedical applications. Its gold nanotechnologies are adapted for use in applications, as a safe and delivery system for multiple medical treatments, for the approval of various regulatory boards, including Health Canada and the Food and Drug administration (FDA). Its gold nanorod particles are manufactured without the use of cetyltrimethylammonium bromide (CTAB), eliminating the toxicity risks associated with the use of other gold nanorod technologies in medical applications. The Company is focused on the development of a pre-clinical nanomedical therapy for the treatment of cancer using its biocompatible GNR.


CSE:SONA - Post by User

Bullboard Posts
Comment by bluebeard123on Aug 09, 2020 12:34pm
210 Views
Post# 31384539

RE:What I don't understand is..

RE:What I don't understand is..I dont think Sona is being dicked around at all. They have been in constant touch with the regulator and probably anticipated the new FDA template. That's why they can respond to the new requirements in 2 weeks, which is a very fast turnaround. If they didn't know of the changes, and the requirements were too difficult to meet, then it could have taken a month or more to redo (worst case) the field studies. There are far too many BS test kits out there that received EUA. Testing is now receiving negative publicity. The FDA had to do something to restore public confidence in testing. In my opinion, this works in favour of Sona. If their field studies exceed the FDA requirements, then they would have credibility. The competition will have to pass a higher bar for approval. This means less competitors to Sona. Sona will get more orders. And Sona SP goes up even more!
TheModernAge wrote: Why Sona is getting dicked around so much. They've gone the extra mile to get third party validated, and now it seems like the CROs aren't taking it seriously. We could have been approved weeks ago. I hope politics aren't coming into play here to delay a Canadian test. I hope the Saudis can quickly come through with amazing clinical results and give a major middle finger to the US lab.


Bullboard Posts