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Wednesday, July 13, 2022 1:28:41 PM
From Coretecs web site
We’ve made progress in our domestic production of CHS. As we previously mentioned, we partnered with Richmond Chemical to produce CHS at scale. The goal is to not only produce CHS, but to produce it at large quantities at a reasonable cost. Our agreement with Richmond is multi phased. The first phase is to refine and streamline the process to manufacture CHS in larger quantities. Right from the start, we ran into supply chain issues, which slowed the launch of our program by several weeks. For example, they had problems sourcing diethyl ether and other fairly common chemicals. We have overcome those issues and are now in the first phase, which is refining the CHS synthesis process so it can be produced at large scale. To date, Richmond has made CHS, but not at the quantities we need.
The Coretec Group, Inc. – Shareholder Call, April 29, 2022
We have regular meetings with Richmond. They share their laboratory notes and data. In addition, Dr. Michelle Tokarz has traveled to the production facility and met with the production team. Combined with our hands-on work in our laboratory, we are working collaboratively with Richmond to standardize the CHS synthesis process and manufacture CHS at scale.
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