Specifically designed to combat the spread of viruses and promote public health, FendX Technologies' (FNDX.c) RepelWrap provides a unique opportunity to take advantage of 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.
On a clear path to commercialization, RepelWrap is a first-of-its-kind coating product with patent-pending and proprietary technology with unique repelling properties that prevent the adhesion of pathogens, bacteria and viruses, reducing their transmission on surfaces prone to contamination.
Following the events of the past 3 years, the need for a more effective solution to reduce the rate of infection and the spread of germs, bacteria, viruses and pathogens is clear and RepelWrap can provide an essential line of defense in various settings such as hospitals, schools, and public transportation.
In recent news, FNDX engaged Dunmore for the scale-up development of its RepelWrap, an important milestone as it's the first step to assessing and creating an automated manufacturing process, positioning FNDX for significant revenue generation once in commercial production which is expected in 2024.
Posted on behalf of FendX Technologies Inc.