Sona Provides Corporate Update on Operating Activities
Halifax, Nova Scotia — (Newsfile Corp. – October 12, 2023) – Sona Nanotech Inc. (CSE: SONA), (OTCQB: SNANF) (the “Company” or “Sona”), a nanotechnology life sciences company with proprietary manufacturing technology for biocompatible gold nanorods (“GNRs”), is pleased to provide an update on the status of its current operating activities, notably the development of its Targeted Hyperthermia Therapy (“THT”) therapy and its rapid bovine tuberculosis prototype test.
Sona CEO, David Regan, commented, “Earlier this year, Sona developed a plan to secure the FDA Investigational Device Exemption necessary to permit human trials for our THT therapy, which is the strategic priority for the Company. Thanks to our purpose-built, strengthened team, Sona has made significant advancements towards this goal and has reduced the number of ‘unknowns’ in our development program by working with leading, experienced advisors and partners. With these accomplishments, including the completion of a prototype of our next generation THT light device by Minnetronix Medical and the securing of a THT efficacy study in murine breast, melanoma and colorectal models, we now look forward to reporting back in the coming months on study results, preclinical and manufacturing partner selections, and regulatory updates. All of these deliverables will advance our mission to develop a treatment therapy for colorectal cancer sufferers with less collateral damage than happens under the current standard of care.”
