FNDX closes in green + info on the company's pathogen repell FendX Technologies Inc. (FNDX.C) is up over 10% over the last 5 trading days.
The surface coating market is expected to experience substantial growth, with a projected value of $3.5 billion by 2025 compared to $1.3 billion in 2020. FNDX is positioning itself to capture some of this growing market share as the company specializes in offering unique and promising surface coating solutions powered by proprietary nanotechnology.
FNDX's main product is REPELWRAP™, a state-of-the-art surface coating that utilizes nanotech to repel bacteria and viruses, effectively preventing their transmission through surfaces.
REPELWRAP™ is highly adaptable and can adhere to a wide range of surfaces, making it particularly valuable in healthcare settings and other environments where infection control is critical. FNDX plans to launch REPELWRAP™ in the Canadian market in 2024.
According to tests, REPELWRAP™ can reduce viral titers by over 99% for multiple strains of Covid-19 and reduce the transfer of e-coli 20-fold. It has also been shown to reduce colony formation of methicillin-resistant Staphylococcus aureus and Pseudomonas aeruginosa by more than 85%. Additionally, the product repels all fluids including blood, further increasing its use in healthcare settings.
Check out FNDX's fact sheet for more information https://fendxtech.com/wp-content/uploads/2023/03/FendX_Factsheet_March29a.pdf. Posted on behalf of FendX Technologies Inc.