05:47:44 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Fendx Technologies Inc
Symbol FNDX
Shares Issued 64,429,893
Close 2024-03-14 C$ 0.31
Market Cap C$ 19,973,267
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Fendx, McMaster submit NSERC grant application

2024-03-15 12:11 ET - News Release

Dr. Carolyn Myers reports

FENDX AND MCMASTER COLLABORATE ON NSERC ALLIANCE GRANT APPLICATION FOR PATHOGEN-REPELLING SPRAY NANOTECHNOLOGY SCALE-UP DEVELOPMENT

McMaster University has submitted an application for a Natural Sciences and Engineering Council (NSERC) Alliance grant with Fendx Technologies Inc. as the industry sponsor.

Fendx, in collaboration with McMaster, has been advancing development of the spray formulation that it licensed from McMaster as announced on May 17, 2023. If awarded, this NSERC Alliance grant will contribute to funding the advancement of the spray nanotechnology, including scale-up and testing, as Fendx continues to pursue the development of a commercial spray product to protect high-touch surfaces from contamination and curb the spread of pathogens.

Dr. Carolyn Myers, chief executive officer of Fendx, stated, "We are pleased with our successful collaboration with McMaster, and, as we jointly advance our development programs, we support sponsoring grants that can contribute to funding for the advancement of our products under development." Dr. Myers continued: "If granted, this would mark the second NSERC Alliance grant received by McMaster with Fendx as the industry sponsor. The initial grant, awarded in May, 2022, supports the development and scale-up of our innovative product -- Repelwrap film."

About Fendx Technologies Inc.

Fendx is a Canada-based nanotechnology company focused on developing products to make people's lives safer by reducing the spread of pathogens. The company is developing both film and spray products to protect surfaces from contamination. The lead product under development, Repelwrap film, is a protective surface coating film that, due to its repelling properties, prevents the adhesion of pathogens and reduces their transmission on surfaces prone to contamination. The spray nanotechnology is a bifunctional spray coating being developed to reduce contamination on surfaces by repelling and killing pathogens. The company is conducting research and development activities using its nanotechnology in collaboration with industry-leading partners, including McMaster University. The company has an exclusive worldwide licence to its technology and IP (intellectual property) portfolio from McMaster, which encompasses both film and spray coating nanotechnology formulations.

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