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Nanalysis Achieves Regulatory Milestone with Benchtop NMR Assay Approval

Story Highlights
  • Nanalysis Scientific Corp. develops portable NMR spectrometers for various industries.
  • Nanalysis’ benchtop NMR assay gains regulatory approval, enhancing market potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nanalysis Achieves Regulatory Milestone with Benchtop NMR Assay Approval

Elevate Your Investing Strategy:

Nanalysis Scientific ( (TSE:NSCI) ) has issued an update.

Nanalysis Scientific Corp. has announced the acceptance of its first regulated assay for pharmaceutical quality control via benchtop NMR by the United States Pharmacopeia and European Pharmacopeia. This development marks a significant step in the company’s strategy to proliferate benchtop NMR technology across industrial quality control sectors, overcoming previous limitations of traditional NMR technology. The acceptance of the assay for hydroxypropyl betadex, a key pharmaceutical excipient, highlights Nanalysis’ efforts to modernize and digitalize quality control methods, potentially expanding its market presence and offering new opportunities for stakeholders.

More about Nanalysis Scientific

Nanalysis Scientific Corp. operates in two primary business segments: Scientific Equipment and Security Services. The company develops and manufactures portable Nuclear Magnetic Resonance (NMR) spectrometers for laboratory and industrial markets, with products used across various industries such as oil and gas, chemical, mining, pharma, and more. It has a strong innovation pipeline and has expanded into security services, providing maintenance for airport security equipment in Canada.

Average Trading Volume: 88,584

Technical Sentiment Signal: Sell

Current Market Cap: C$27.56M

For detailed information about NSCI stock, go to TipRanks’ Stock Analysis page.

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