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Stock to Watch – Nanotech Co. Files COVID Detecting Patent

Stockhouse Editorial
0 Comments| April 22, 2020

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Click to enlargeOne of the most frightening aspects to the spread of the COVID-19 coronavirus pandemic is the perception that the virus can lurk anywhere. Even an innocent trip to the grocery store has people weary of an “invisible threat”, but new technology being developed to better detect the virus is working its way through regulatory approval processes.

On April 18th 2020, Canadian nanotechnology Company Sixth Wave Innovations Inc. (CSE: SIXW, OTC Pink: ATURF, Forum) announced that it had filed a second patent application with the United States Patent and Trademark Organization regarding its Molecularly Imprinted Polymers technology and the proposed Accelerated Detection MIPs (AIMP) platform.

Early, fast focused COVID detection:

This advanced technology addresses a wide range of devices, Click to enlargedelivery systems and appliances to rapidly detect a virus, such as COVID-19. The AMIP tech (which was subject to a previously filed patent application) is a distinct test, as it is designed to directly identify a virus, targeting specific physical characteristics such as size, shape and surface structures.

Early and quick detection is key. Unlike current rapid diagnostic tests (RDT), which look for bi-products of the virus, such as antibodies, which can take days or weeks to appear in a host, the AMIP works much faster, which means a potential opportunity for early intervention so that a host limits spreading the virus to others.

Since the AMIP targets specific viruses in everyday environments, it could potentially be applied to devices that wipe and disinfect public surfaces, as well as filtration and purification of air and water supplies and even utensils for preparing and consuming food and beverages.

From the Company’s news release: “The appropriation and extraction capabilities of MIPs in other applications are already well documented, with the capacity to seek out, selectively bind to, and remove target molecules down to the parts per billion level. The Company seeks to apply this proven MIP technology to the AMIPs application.”

Sixth Wave has developed similar products in the past for other target molecules that had proven to be successful. Based on its previous experience, the Company believes that the AMIP technology can pose a significant advantage for both its effectiveness, speed and flexibility to address the wide variety of devices listed in the patent compared to conventional RDT platforms.

About the patent:

Addressing a number of potential devices and delivery systems, the AMIP virus detection and removal technology’s patent proposes several alternative methods and apparatus to collect and analyze virus samples. Sixth Wave is also working with partners to help with its product development and has submitted for government grants in both the United States and Canada to accelerate product development and certification.

Via the news release, the device’s options established the patent include, but are not limited to:

  • Medical diagnostic systems which may be as simple as microwell plates for use with collection swabs
  • Continued monitoring devices suitable for tracking the course of an infection
  • Disinfecting wipes with integrated virus detection
  • Face masks
  • Breathalysers capable of responding to virus content exhaled from a person's breath
  • Monitoring systems for the presence of airborne viruses and others

Investment summary:

Sixth Wave Innovations Inc. offers a potentially leading technology to help detect coronavirus infections early, as well as other viruses that also linger on just about any surface or within a number of people we encounter on a daily basis. Not only could it be faster, but also distinct with its specific targeting system, it opens the door to early detection to help flatten the curve of infections.

As it submits this distinct technology to the US Food and Drug Administration (FDA), Health Canada and other government agencies around the world for approval, the Company is currently working to develop its AMIP delivery devices under final testing of the latest underlying technology. Investors should keep watch for its most current developments.

FULL DISCLOSURE: This is a paid article produced by Stockhouse Publishing.

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