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FendX Technologies Inc C.FNDX

Alternate Symbol(s):  FDXTF

FendX Technologies Inc. is a Canada-based nanotechnology company engaged in developing surface protection coatings. The Company is focused on developing products to reduce the spread of pathogens. The Company is developing both film and spray products to protect surfaces from contamination. The lead product under development, REPELWRAP film, is a protective surface coating film that, due to its repelling properties, prevents the adhesion of pathogens and reduces their transmission on surfaces prone to contamination. The spray nanotechnology is a bifunctional spray coating being developed to reduce contamination on surfaces by repelling and killing pathogens. The Company is conducting research and development activities using its nanotechnology in collaboration with partners, including McMaster University. The Company has worldwide licenses for its technology and IP portfolio from McMaster, which encompass both film and spray coating nanotechnology formulations.


CSE:FNDX - Post by User

Post by MarketMakersson Mar 20, 2023 4:33pm
142 Views
Post# 35349792

FNDX's breakthrough technology: RepelWrap

FNDX's breakthrough technology: RepelWrap
As we all learnt during pandemic, germs, bacteria, pathogens and viruses can spread easily on high-traffic touch points after contamination and can survive for many days or even weeks.
 
The need for a solution to this is clear after the events of the past three years, which is where FendX Technologies (FNDX.c) comes into play.
 
FNDX developed RepelWrap, a first-of-its-kind product with parent-pending and proprietary technology to repel bacteria and viruses and reduce their spread. 
 
RepelWrap is the first and only coating that repels viruses and bacteria upon touch, stopping any contamination after contact. 
 
This differs from other products that attempt to kill the bacteria and viruses, rather than repelling them. 
 
The opportunity here is significant as, following a hospital acquired infection prevalence survey conducted in 2015, it was determined by the CDC that the direct medical costs associated with treating these infections is at least US$28.4 billion per year alongside additional costs of ~US$12.4 billion to society. 
 
The surface coating market is estimated to hit US$3.5 billion by 2025, growing from US$1.3 billion in 2020 at an 18% CAGR.
 
With plans to enter commercial production and commence significant revenue generation in 2024, FNDX has significant potential with a stacked management team, a strong share structure and tight float making it one to consider. 
 
For more information,check out FNDX's website & fact sheet: 
https://fendxtech.com/
https://fendxtech.com/wp-content/uploads/2023/03/FendX_Factsheet_March20a.pdf
 
Posted on behalf of FendX Technologies Inc.
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