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SINTX Technologies Ends Patent License Agreement With O2TODAY
SALT LAKE CITY, Nov. 05, 2021 (GLOBE NEWSWIRE) -- SINTX Technologies, Inc. (www.sintx.com) (NASDAQ: SINT) (“SINTX” or the “Company”), an original equipment
About this update from Sintx Technologies, Inc.
[{"type":"text","content":"SALT LAKE CITY, Nov. 05, 2021 (GLOBE NEWSWIRE) -- SINTX Technologies, Inc. (www.sintx.com) (NASDAQ: SINT) (“SINTX” or the “Company”), an original equipment manufacturer of advanced ceramics for medical and non-medical applications, announced today that it has ended its Patent License Agreement with O2TODAY following O2TODAY’s delay in bringing a product to market. SINTX previously announced this past August that it was re-evaluating its joint development efforts with O2TODAY due to delays in development. Nevertheless, SINTX will look to identify new ways to collaborate with O2TODAY to develop antiviral, antimicrobial fabrics containing SINTX FleX SN-AP silicon nitride powder while exploring other possible partnerships. The development of antipathogenic mask and fabric technology using FleX SN-AP continues to be important to SINTX as it is part of its broader business strategy to develop fabric applications. FleX SN-AP has shown rapid antipathogenic activity against a broad spectrum of bacteria and viruses including SARS-CoV-2. The Company will continue to work with OEM partners to develop products utilizing its FleX products for masks as well as other products. About SINTX Technologies, Inc. SINTX Technologies is an OEM ceramics company that develops and commercializes advanced ceramics for medical and non-medical applications. The core strength of SINTX Technologies is the manufacturing, research, and development of ceramics for external partners. The Company presently manufactures silicon nitride powders and components in its FDA registered, ISO 13485:2016 certified, and ASD9100D certified manufacturing facility. For more information on SINTX Technologies or its advanced ceramics material platform, please visit www.sintx.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (PSLRA) that are subject to a number of risks and uncertainties. Risks and uncertainties that may cause such differences include, among other things: the Company and its partners may not be successful in the application of silicon nitride powder into fabrics and the subsequent development of products from those fabrics in a manner that will prove be to be safe and effective for their intended uses and functions; regulatory clearance to use products in...