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medical veteran

05/09/21 6:46 AM

#13998 RE: Emerald Isle #13997

It appears that finding partners for non-PCR disruptive diagnostic technologies has been difficult. Message board posters assuming it should be easy to do just might not be correct.

I think the issue comes down to a company/partner spending tens of millions of dollars to tool up and assume all responsibility while splitting a royalty fee with NNLX. The bottom line even if it works and that's a huge "if" you can't produce it at a competitive cost taking it to market and being able to make any money. My opinion only, that's the bottom line.

Omar8

05/09/21 3:04 PM

#13999 RE: Emerald Isle #13997

Emerald Isle....



Seems like another potential partner talked about not long ago, reardless how you want to bunch them.

Will they ever get that recognized producer under license, I wonder have they made it work with that platform by now ?




"Mar. 15, 2020

NanoLogix Update - COVID-19 Detection

Last week the Company was contacted by a respected U.S. Government Contractor regarding our N-Assay Technology and its potential Coronavirus (COVID-19) testing capabilities.

We were informed by the contractor that they will bear all costs of configuration and testing of the N-Assay at their facilities. Following the conversation, NanoLogix sent a letter agreeing in principle to the proposal, which was rapidly acknowledged, and is awaiting a formal agreement from the contractor.

NanoLogix will not be supplying any materials or personnel for this process and our sole participation is on an Intellectual Property (Patent) basis, stemming from the N-Assay patent issued in 2015.

We will not be involved in the potential production of test kits if the contractor determines from the testing that N-Assay kits should be used in the fight against this Coronavirus. Should that happen, it would be done by a recognized producer under license.

Omar8

05/10/21 3:08 PM

#14005 RE: Emerald Isle #13997

Emerald Isle....


"It appears that finding partners for non-PCR disruptive diagnostic technologies has been difficult. Message board posters assuming it should be easy to do just might not be correct.




Name all the posters who specifically have posted that it was easy like you have said. I think you just make stuff up.

And you use the word "Might", you don't know if it's easy or not, do you ?