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FendX Technologies, Inc. ( (TSE:FNDX) ) has shared an update.
FendX Technologies has entered into a formal collaboration agreement with U.S.-based Aquaox LLC, a manufacturer of environmentally responsible disinfectants, to explore the development of eco-friendly antimicrobial agents. The deal transitions a previous memorandum of understanding into an initial feasibility phase in which both companies will evaluate the technical viability and reliability of formulating new antimicrobial compounds, with the potential to incorporate these agents into future surface protection products. Each party will fund its own work, and the collaboration includes termination provisions and no guarantees of progressing beyond feasibility or achieving regulatory approvals or commercial products, underscoring that the initiative remains an early-stage but strategically important effort to broaden FendX’s product pipeline and reinforce its positioning in the hygiene and pathogen-control markets.
More about FendX Technologies, Inc.
FendX Technologies Inc. is a Canadian surface protection company developing technology-based solutions to reduce the spread of harmful pathogens in everyday environments. Leveraging proprietary technologies, it is advancing a portfolio of protective surface coatings, including REPELWRAP film, a liquid-based nanocoating and a specialized Foley catheter coating, with a focus on building intellectual property and enhancing hygiene and safety across healthcare, consumer and commercial settings.
Average Trading Volume: 9,271
Technical Sentiment Signal: Buy
Current Market Cap: C$8.1M
For an in-depth examination of FNDX stock, go to TipRanks’ Overview page.