Pond Technologies Hldgs Inc. (PNDHF)

[TooFrank]

This is where the $$$$ is:

Aug 22, 2022
Successful Production of Recombinant Proteins – Pond Biotech’s successful results related to the production of recombinant proteins were published in the scientific journal, Nature Scientific Reports. This provided an update on the Pond Biotech project announced in the fall of 2021 with a major Fortune 500 oil and gas company. As part of the project, Pond has been scaling up the production of recombinant proteins. Pond has received approximately $230,000 in payments to date for milestones achieved and the initial research agreement. Pond has now completed the initial scale-up, including bioreactor designs and growth protocols. Since the beginning of 2022, Pond has been making weekly deliveries of recombinant proteins to the project consortium for testing and significant milestones are expected to be achieved in Q3 2022.
https://pondtech.com/media-releases/pond-technologies-engages-cleantech-consultant-to-accelerate-project-pipeline/

May 10, 2022
Under the current license agreement with the Fortune 500 oil and gas company, Pond expects to receive a further $850,000 in milestone payments in 2022 and is now positioned to enter a commercial supply contract by the end of this year.
https://pondtech.com/media-releases/pond-announces-publication-in-nature-scientific-reports-of-successful-production-of-recombinant-protein-results-and-provides-update-on-biotech-division/