TSXV:POND - Post Discussion
Post by
SkywalkerofLuke on Aug 10, 2021 5:11pm
Huge News for $POND
$POND just announced that it has executed a commercial agreement with a major Canadian oilsands producer and fortune 500 company to grow covid-19 antigens that are expressed from a unique strain of algae.
This agreement will develop commercial production capacity for the antigens required for a COVID-19 rapid diagnostic test. $POND also expects to be able to enter into commercial agreements to sell antigens and/or antibodies from genetically modified algae to generate additional revenue.
CEO of $POND commented, “The validation of our technology from one of Canada's largest companies is the moment we have waited for during the many years of developing our growth platform. We believed in the opportunity of algae to produce proteins for human healthcare, and anticipate the momentum achieved to carry over into the discussions we are having with other multinational companies as we continue to be extremely focused on revenue generating opportunities."
Amazing news for $POND heading into the future, IMO a sure catalyst for growth.
https://www.newswire.ca/news-releases/pond-technologies-inc-announces-execution-of-a-scale-up-and-technology-access-agreement-with-a-north-american-fortune-500-company-846103681.html
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