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Therma Bright Inc V.THRM

Alternate Symbol(s):  TBRIF

Therma Bright Inc. is a Canada-based company, which is a developer and partner in a range of diagnostic and medical device technologies. It focuses on providing consumers and medical professionals with solutions that address medical and healthcare challenges. It is involved in developing, acquiring, manufacturing, and marketing proprietary healthcare and medical devices for the consumer and institutional marketplace. Its product offerings include Covid-19 diagnostic test product line, such as AcuVid COVID-19 Rapid Antigen Saliva Test and AcuVid COVID-19 Rapid Antibody Test; Sores & Bite Inflammation Therapy product line, such as InterceptCS Cold Sore Prevention System and TherOZap, and Muscle Pain & Blood Circulation Health Therapy product line, such as Venowave, which is a circulation booster designed to improve circulation in the lower extremities. Its products include Benepod, Inretio, AI4LYF, Invixa and Instatin, and others.


TSXV:THRM - Post by User

Post by Hempministeron Dec 15, 2021 1:27pm
129 Views
Post# 34233590

500000 a week

500000 a week News from dec 1 Update would be nice lol Agreement with Contract Manufacturer Provides for Production of 500,000 AcuVid(TM) Tests Per Week Toronto, Ontario--(Newsfile Corp. - December 1, 2021) - Therma Bright Inc. (TSXV: THRM) ("Therma" or the "Company"), developer of its smart-enabled AcuVid COVID-19 Rapid Antigen Saliva Test and other progressive diagnostic and medical device technologies, is pleased to announce it has signed an agreement with a contract manufacturer to produce a weekly minimum of 500,000 AcuVid COVID-19 Rapid Antigen Saliva Tests in order to meet the new U.S. Food and Drug Administration's Emergency Use Authorization (EUA) Guidance on production of diagnostic tests (molecular and antigen) for point-of-care (POC) and at-home use. The contract manufacturer is a European ISO 13845 certified company with deep expertise in diagnostic tests manufacturing and worldwide distribution. Scroll to continue with contentAd Try GlobalAnalyst Today! Interactive Brokers Try GlobalAnalyst Today! Scan the globe for the best stocks to invest in with GlobalAnalyst. LEARN MORE In response to section IV of the recent Policy for Coronavirus Disease-2019 Tests During the Public Health Emergency (Revised): Guidance for Developers and Food and Drug Administration Staff 1 issued on November 15, 2021, the Company entered into an agreement with a contract manufacturing firm with capabilities to deliver a minimum of 500,000 tests per week. Per the new guidance: "Specifically, at this stage of the pandemic, the FDA intends to focus its review on EUA requests for the following types of tests; Diagnostic tests (molecular and antigen) that can be used at the POC or completely at home, from developers who have indicated the ability to scale up manufacturing capacity to 500,000 tests per week within 3 months of authorization." In addition to the new manufacturing partner, Therma Bright has already secured other manufacturers in three markets - Southeast Asia, Mexico and Canada - to produce over 500,000 AcuVid tests per month. The Company's total production capacity from all four manufacturing partners now represents a production capacity of a minimum of 2.5 million AcuVid tests per month. "We're excited to add a new manufacturing partner to our Therma Bright team; one who alone can help us meet the minimum 500,000 weekly production requirement per the November 15, 2021 FDA guidance for Covid-19 antigen diagnostic tests developers," expressed Rob Fia, CEO of Therma Bright. "We have provided the FDA with the new manufacturing agreement to comply with their latest guidance around production, as we await the final results from our U.S. clinical performance study being conducted at three Covid-19 testing clinics." Since July 2021, the Company has been actively engaged with FDA executives, doctors and scientists on it AcuVid COVID-19 Rapid Antigen Saliva Test application. Furthermore, Therma Bright has quickly complied with all new EUA guidance from the FDA, including the September 23, 2021 guidance2 on testing Covid-19 mutations and variants, and now the November 15, 2021 guidance on production capabilities of a minimum of 500,000 tests per week
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