Halifax, Nova Scotia, October 25, 2018 –Sona Nanotech Inc. (CSE: SONA) today announcedit has signed a co-marketing agreement with UK-based digital healthcare company Bond Digital Health.
The agreement means the two companies will work together to market and promote each other’s products and services. For Sona, the agreement will open up a new source of customers and collaborators.
Based in Cardiff, Wales, Bond Digital Health is a software consultancy providing digital solutions and software as a service (SaaS) to the life sciences industry and diagnostic development market. It has created software for a range of life sciences companies including personal diagnostics developer Mologic, for whom its developing an Android app to allow patients to monitor their health outcomes.
Phil Groom, commercial director of Bond Digital Health, said: “We’re very excited to be working with Sona Nanotech, as Sona’s gold nanorod technology is unique and has the potential to transform this market. We can see lots of synergy between our two companies and our products and services, and I’m confident that this agreement will greatly benefit both companies in terms of bringing in new customers, new collaborators and new projects.”
Sona and Bond signed the agreement at a major industry event in San Diego, California, this week. The Advanced Lateral Flow Course 2018 was attended by leading businesses operating in the lateral flow market, including GE Healthcare. Sona Nanotech Inc. was a sponsor of the event, as was Expedeon, with whom Sona recently signed an agreement to supply its gold nanorods
Darren Rowles, CEO of Sona Nanotech, said: “The diagnostic industry is increasing its impact on delivering medical services. Sona’s leading nanoparticle technology allows a growing number of conditions to be monitored and measured. Bond Digital Health’s technology captures data collected with Sona-powered devices and helps patients and medical professionals analyze that data to best support the patient. Partnering Sona with Bond will allow our joint clients not only to collect more data, but to assist medical professionals with how that data can be used to improve the lives of patients. This agreement enhances Sona’s offer, making us a more attractive prospect to lateral flow diagnostic test developers.”
About Sona Nanotech Inc.
Sona Nanotech Inc. is a nanotechnology life sciences firm that has developed two proprietary methods for the manufacture of rod-shaped gold nanoparticles. The principal business carried out and intended to be continued by Sona is the development and application of its proprietary technology for use in multiplex diagnostic testing platforms that will improve performance over existing tests in the market.
Sona’s gold nanorod particles are CTAB (cetyltrimethylammonium) free, eliminating the toxicity risks associated with the use of other gold nanorod technologies in medical applications. It is expected that Sona’s gold nanotechnologies may be adapted for use in applications, as a safe and effective delivery system for multiple medical treatments, pending the approval of various regulatory boards including Health Canada and the FDA.
Sona is a publicly listed company on the Canadian Securities Exchange existing under the laws of Nova Scotia, with its operations in Nova Scotia.
About Bond Digital Health Ltd.
Bond Digital Health Ltd. is a software consultancy developing end-to-end software services for lateral flow assay developers and lateral flow device reader (LFD) manufacturers. Their digital tools enable developers of point of care tests, diagnostics, biosensors and wearable tech to collect and manage their valuable data, so they can refine it for clinical, scientific and commercial gain. Products include: LFD reader data collection apps, cloud-based electronic data capture (EDC), data analysis (AI and machine learning), electronic reported patient outcome apps (ePRO) and data display dashboards.
For More Information
For more information about Sona, please contact:
President and Chief Executive Officer
Telephone: (902) 442-7192
Email: Darren Rowles firstname.lastname@example.org
FORWARD LOOKING INFORMATION
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