SINTX Technologies (NASDAQ:SINT) Stock Continues to Trade in a Narrow Range
Shares of SINTX Technologies (NASDAQ:SINT) continues to consolidates after the recent fall.
Market Stats
On Friday, SINT stock remains unchanged at $1.2300 with more than 176.11K shares, compared to its average volume of 273.95K shares. The stock has moved within a range of $1.2100 – 1.2400 after opening the trade at $1.2300.
Ends Patent License Agreement With O2TODAY
Original equipment manufacturer of advanced ceramics for medical and non-medical applications, SINTX Technologies (NASDAQ:SINT) on November 5, 2021, announced ending its Patent License Agreement with O2TODAY following the company’s delay in the market launch of a product.
SINTX had announced earlier that it was re-evaluating joint development efforts with the company. The company will now look at fresh ways on collaborating with O2TODAY for developing antiviral, antimicrobial fabrics containing SINTX FleX SN-AP silicon nitride powder along with some other partnerships.
Antipathogenic mask and fabric technology harnessing FleX SN-AP is key to SINTX since its part of a bigger business strategy to develop fabric applications. The FleX SN-AP has been seen on having antipathogenic activity against a large spectrum of bacteria as well as viruses including SARS-CoV-2. SINTX will also carry on work with other OEM partners for developing products utilizing FleX products for masks as well as other products.
SINTX core strength lies in the manufacturing, research as well as the development of ceramics for external partners. Currently, the firm manufactures silicon nitride powders as well as components in FDA registered, ISO 13485:2016 certified, and ASD9100D certified manufacturing facility. SINTX is a publicly-traded company on NASDAQ and leverages on the capability of unique material for improving the quality of life for people globally.
