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FTI Foodtech International ( (TSE:FTI) ) has shared an announcement.
FTI Foodtech International Inc. has acquired the intellectual property of the sanitization brand PURE DEFENDER, including its trademarks, patents, and product packaging. This acquisition is part of FTI’s aggressive growth strategy using its global retail and online platform, and it highlights the company’s expansion into the sanitization market. PURE DEFENDER, known for its effectiveness against bacteria and germs including SARS-CoV-2, is approved by Health Canada, adding credibility and potential market advantage to FTI’s portfolio.
More about FTI Foodtech International
FTI Foodtech International Inc. is focused on developing an innovative retail and barter platform for products in the cosmetic and skincare industry, addressing challenges and promoting sustainability. The company is committed to delivering high-quality, reliable products and solutions that meet the evolving needs of its customers worldwide.
YTD Price Performance: 136.36%
Average Trading Volume: 21,439
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$4.49M
For a thorough assessment of FTI stock, go to TipRanks’ Stock Analysis page.