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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

Post by dart321on Jan 01, 2021 12:33pm
369 Views
Post# 32207349

In A Public Interview

In A Public Interviewmonths ago the company said they had the capacity with their partner manufacturing company to do 100 million per yr and it could be ramped up. The total amount of ramp-up was never indicated. Now they said in this last news release they are bringing on a U.S. based manufacturer. This is all we know about manufacturing. In regards to sales news releases, a company MUST inform it's shareholders of any material changes within the company by way of a public news release within I believe it's 48 hrs of signing any material contract, they would be in violation of this rule if they signed a large contract and waited to inform the public with the release of their financials.
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