This is a paid advertisement on behalf of sponsor FendX Technologies Inc.
Beyond Drugs and Medical Procedures
It’s neither a groundbreaking pharmaceutical nor a cutting-edge surgical technique, yet it stands poised to disrupt a market projected to reach $7.6 billion by 2025 [1]. Consider a technological innovation that may contribute to a healthcare issue costing the U.S. alone a couple of billion dollars annually in direct medical expenses. This is a pressing problem that this emerging technology aims to tackle, offering an innovative approach to a longstanding challenge.
An Opportunity: Providing a Potential Solution to a Problem Difficult to Control
In the current scenario there is a technology that could be an opportunity to address a costly problem that affects approximately 1.7 million people and claims countless lives each year in the United States alone [2]. The direct medical costs of this issue are estimated to be on the order of $28 billion, not to mention the broader societal costs such as lost productivity and reduced workforce efficiency. The market is ripe for innovative solutions.
The Solution: A Paradigm Shift in Microbial Control on Surfaces
What if the answer doesn’t lie in killing these potentially lethal microbes after they’ve settled on surfaces, but in preventing their adherence from the outset? A pioneering nanotechnology is set to redefine how we may approach this pervasive challenge, offering a strategy that could significantly reduce microbial transmission, save lives and cut healthcare costs.
FendX Technologies Inc.: Addressing the Spread of Healthcare-Associated Infections Through Nanotechnology
FendX Technologies Inc. (CSE: FNDX, OTC: FDXTF) is engaged in the development of nanotechnology solutions aimed at reducing the spread of Healthcare-Associated Infections (HAIs). FendX is collaborating with McMaster University and other partners to develop film and spray protective coatings to address this healthcare issue.
Unique Technological Approach: Preventative Measures in Microbial Control
Contrary to existing antimicrobial coatings, which function by eliminating microorganisms upon contact over some adequate duration of time, the technology developed by FendX takes a preventative approach. Utilizing nanotechnology to develop film and spray protective coatings that prevent microbial adherence to surfaces, thereby minimizing the potential for transmission. This is a significant departure from reactive coating surfaces in the market, offering a proactive method for reducing the occurrence and spread of HAIs.
REPELWRAP™ film, is FendX’s lead product in development and is with their manufacturer who is gearing up to conduct pilot runs on their commercial manufacturing line to create intermediate films for testing. FendX is also developing a spray-based product using their patent-pending nanotechnology. This spray offers the same preventative measures against microbial adherence and has the potential to be more versatile and easier-to-apply to surfaces. It not only demonstrates the same repelling properties but also effectively inactivates any residual microorganisms on the coated surface.
Market Opportunity: Beyond Healthcare into Other High Traffic Industries
FendX is focused on healthcare settings, but is also exploring potential applications in other multiple billion high-traffic industries. It is anticipated that FendX’s future protective coatings can be applied to various high-touch surfaces: from bed rails and IV poles in healthcare to potential handrails in public transport systems to door handles in restaurants and public bathrooms. Given that the technology inhibits microbial adherence, it has the potential to significantly reduce the spread of pathogens in virtually any setting where human interaction with surfaces occurs. This broad applicability signifies that the market opportunity could be vastly larger than the projected $7.6 billion for antimicrobial coatings by 2025, opening doors to various industries and settings.
The potential versatility of the technology is furthered by FendX’s development of a spray product, which could extend its applicability. Imagine a spray that could be applied not just in healthcare settings but in schools, public transportation, and various other high-traffic areas and may expand the market opportunity.
Product Development and Partnerships: Advancing Toward Commercialization
FendX Technologies is currently in the development stage of its lead product, REPELWRAP™ film, a surface coating that embodies the company’s groundbreaking nanotechnology. The scale-up development process is supported by a partnership with Dunmore International Inc., a globally recognized manufacturer of engineered coated and laminated films who will be instrumental in advancing FendX’s ability to move closer to commercial production, assuming success of its pilot runs.
While REPELWRAP™ film is in the advanced stages of development, FendX is also actively working on a spray-on version of REPELWRAP™ film that embodies the similar innovative nanotechnology. The spray product is currently in the research phase and promises to be another potential revolutionary application of their groundbreaking approach.
Investment Considerations: Factors That Distinguish FendX Technologies
Several aspects make FendX Technologies a notable investment opportunity:
Market Disruption: The company’s innovative nanotechnology to create surface coatings to reduce the spread of microbes on surfaces offers a novel approach compared to other antimicrobial film coatings.
Attractive Valuation: FendX has the potential to enter and compete in a $3.7 billion antimicrobial market.
Inflection Point: The company has recently signed a development stage agreement with Dunmore International Inc., signaling a transition from research to assessing commercial scale-up. A key milestone for FendX Technologies to advance toward a commercial path.
Additional Factors for Consideration
Diverse Market Potential: Beyond healthcare, the technology holds promise for application in multiple sectors, from public transport to hospitality, expanding its market reach.
Experienced Management Team: The company is guided by professionals with a wealth of experience in the medical and technology sectors, providing a strong foundation for market penetration.
Strong Intellectual Property: FendX Technologies is building a robust portfolio of patent-pending intellectual property that will offer competitive advantages and protect its technological innovations.
Expanding Product Range: The development of a spray-based product signifies FendX Technologies’ commitment to innovation and market adaptation. The spray offers a more versatile application, potentially increasing market share
Positive Industry Outlook: Meeting a Growing Demand
The increasing concerns over public health and hygiene are expected to fuel a growing demand for effective antimicrobial and antiviral solutions. The industry outlook is promising, and FendX Technologies’ innovative technology stands well-positioned to capitalize on this upward trend. The company’s preventative approach aligns well with the market’s shift toward more sustainable, long-term solutions to healthcare challenges.
FendX Technologies a Beacon of Innovation in Healthcare
FendX Technologies presents a revolutionary approach to tackling the persistent and costly issue of Healthcare-Associated Infections. Its pioneering nanotechnology has the potential to shift the paradigm from reactive to proactive microbial control. While the initial focus is on healthcare settings, the broad applicability of the technology opens avenues for market expansion into various sectors. Coupled with a strong intellectual property portfolio and an experienced management team, FendX Technologies offers a compelling investment opportunity for those looking to contribute to and/or potentially capitalize on meaningful change in healthcare and beyond via nanotechnology innovation.
Bill McClain – Editor of The Momentum Letter
About the author.
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Disclaimer
The Momentum Letter is a marketing partner which has received
compensation to direct traffic to this coverage. Full Disclaimer
FendX Technologies Inc. General Disclaimer
This article contains certain forward-looking statements within the meaning of Canadian securities
legislation (the “Forward-looking Statements”), including with respect to: the plans of FNDX;
expectations regarding industry trends, including with respect to the antimicrobial surface market,
overall market growth rates and FNDX’s growth rates and growth strategies; that microbe repellent
technology is a promising, high-growth industry; the use of available funds; the performance of FNDX’s
business and operations; FNDX’s expectations regarding revenues, expenses and anticipated cash needs;
the intention to grow FNDX’s business and operations; the expected timing and completion of FNDX’s
nearterm objectives; laws and regulations and any amendments thereto applicable to FNDX; FNDX’s
competitive advantages and business strategies; FNDX’s future product offerings; FNDX’s research and
development initiatives and expected results thereof; FNDX’s growing patent portfolio; FNDX’s ability to
enter into distribution, manufacturing and other business relationships; the potential of FNDX’s
technology to protect against the spread of pathogens on surfaces through repelling bacteria and
viruses that come in contact with its surface; that FNDX’s technology will bring significant value in
controlling the spread of surface borne infectious diseases; that FNDX’s technology could be a key
weapon to contribute in the battle against the growing global threat of infectious disease transmission;
that FNDX’s technology could be deployed all over the world and it could save human lives; that spread
of infectious disease is a deadly problem which is getting worse; that for businesses and governments
looking to mitigate the spread of pathogens, FNDX’s nanotechnology could be part of the answer; if
commercialized, FNDX’s technology could address the urgent need for innovative solutions to help
control the spread of pathogens on surfaces – especially in healthcare; FNDX’s proprietary REPELWRAP™
film could be used on high-touch surfaces such as bed rails, doorknobs, and medical devices to help
prevent pathogen transmission; FNDX’s nanotechnology has the potential to be applied to other types
of surfaces and materials – such as catheters which could significantly help reduce blockages caused by
bacterial colony and/or blood clot formation in long-use catheters and that underserved markets like
this offer potentially future upside, if FNDX can successfully adapt their technology; FNDX’s intention to
initially target REPELWRAP TM film towards healthcare settings and high traffic public touchpoints; that as
FNDX continues its product development, we may see it used to protect surfaces in other high traffic
places like the transportation, sports and entertainment, hospitality, and education sectors; the growing
global commitment to reduce the spread of pathogens; and that REPELWRAP™ film will provide
additional protection to current disinfecting practices to control the spread of pathogens. Although
FNDX believes that such statements are reasonable, it can give no assurance that such expectations will
prove to be correct. Forward-looking statements are statements that are not historical facts; they are
generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,”
“intends,” “estimates,” “projects,” “aims,” “potential,” “goal,” “objective,” “prospective,” and similar
expressions, or that events or conditions “will,” “would,” “may,” “can,” “could” or “should” occur, or are
those statements, which, by their nature, refer to future events. FNDX cautions that forward-looking
statements are based on the beliefs, estimates and opinions of FNDX’s management on the date the
statements are made and they involve a number of risks and uncertainties. Consequently, there can be
no assurances that such statements will prove to be accurate and actual results and future events could
differ materially from those anticipated in such statements.
Important factors that could cause future results to differ materially from those anticipated in these
forward-looking statements include: product candidates only being in formulation/reformulation stages;
limited operating history, no revenues and uncertainty around additional financing; negative cash flow
history; no production history and lack of revenues from sales; no history of manufacturing or
distribution; highly competitive industry; satisfying the terms of the License Agreement and
Collaborative Research Agreement between FNDX and McMaster University and maintaining the License
in good standing; inability of McMaster University to satisfy the terms under the License Agreement and
Collaborative Research Agreement; completion of scale-up and development of a commercial product;
research and development activities; reliance on grant funding; limited number of products;
dependence on collaborative partners, licensors and others; changes and restrictions due to legal and
regulatory requirements; dependence on each product’s acceptance in the market; possibility of smaller
market opportunities than anticipated; increasing regulatory and compliance costs for public companies;
global economic instability; product liability claims and lawsuits; system failures; reliance on
management and loss of key employees or inability to hire key personnel; limited experience of senior
management in managing a public company; fraudulent or illegal activity by employees, contractors and
consultants; inability to effect service of process on some of FNDX’s directors and officers;
management’s efforts and abilities; potential conflicts of interest; inability to protect intellectual
property rights; inability to secure patents or grow its patent portfolio; infringement on proprietary
rights of third parties; risks related to forward-looking information; volatility of the market price of
FNDX’s common shares; potential dilution of the common shares; lack of an active, liquid and orderly
trading market for the common shares; failure of securities or industry analysts to publish research or
publish inaccurate or unfavourable research about FNDX; inability or unwillingness to pay dividends;
exchange rate fluctuations between the Canadian dollar and the U.S. dollar; effect of COVID-19 public
health crisis or another global health pandemic; use of available funds; effect of general economic and
political conditions; internal controls; and other risk factors set forth in FNDX’s final prospectus dated
January 31, 2023 under the heading “Risk Factors” and other filings, publicly available through the
Canadian Securities Administrators’ System for Electronic Document Analysis and Retrieval (SEDAR) at
www.sedar.com. The reader is urged to refer to FNDX’s prospectus and other filings, publicly available
through SEDAR at www.sedar.com for a more complete discussion of such risk factors and their
potential effects. Except to the extent required by applicable securities laws and the policies of the
Canadian Securities Exchange, FNDX undertakes no obligation to update these forward-looking
statements if management’s beliefs, estimates or opinions, or other factors, should change. New factors
emerge from time to time, and it is not possible for FNDX to predict all of them or assess the impact of
each such factor or the extent to which any factor, or combination of factors, may cause results to differ
materially from those contained in any Forward-looking Statement. Any Forward-looking Statements
contained in this article are expressly qualified in their entirety by this cautionary statement.
While the information contained in this article is believed to be accurate, FNDX expressly disclaims any
and all liability for any losses, claims or damages of whatsoever kind based upon the information
contained in, or omissions from, this article or any oral communication transmitted in connection
therewith. In addition, none of the statements contained in this article are intended to be, nor shall be
deemed to be, representations or warranties of FNDX. Where the information is from third-party
sources, the information is from sources believed to be reliable, but FNDX has not independently
verified any of such information contained herein.
This article is not, and under no circumstances is to be construed as, a prospectus, an offering
memorandum, an advertisement or a public offering of securities. Under no circumstances should the
information contained herein be considered an offer to sell or a solicitation of an offer to buy any
securities.
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