STOCK TITAN

Ainos Secures Exclusive Multi-Regions Invention Patent Licenses from Strategic Partner to Bolster AI Nose and Point-Of-Care Testing

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
partnership AI

Ainos, Inc. (NASDAQ:AIMD) has secured exclusive licenses for 10 invention patents and patent applications from Taiwan Carbon Nano Technology (TCNT), its affiliate and product co-developer. The licenses, valued at approximately $5.4 million, cover gas sensors and medical devices across multiple regions including the U.S., Germany, China, Japan, and Taiwan. The all-stock licensing structure aligns TCNT's interests with Ainos shareholders while preserving cash for growth.

This strategic move is expected to strengthen Ainos' AI Nose and Point-Of-Care Testing (POCT) technologies. The company is advancing its AI Nose and POCT pipeline, including the leading volatile organic compounds (VOC) POCT candidate, Ainos Flora. Ainos is also developing a VOC sensing platform with Japanese partners and progressing on the Next-Gen Ainos Flora, which implements NVIDIA CUDA technology.

Ainos, Inc. (NASDAQ:AIMD) ha ottenuto licenze esclusive per 10 brevetti e domande di brevetto da Taiwan Carbon Nano Technology (TCNT), la sua affiliata e co-sviluppatore di prodotto. Le licenze, del valore di circa 5,4 milioni di dollari, coprono sensori di gas e dispositivi medici in diverse regioni tra cui Stati Uniti, Germania, Cina, Giappone e Taiwan. La struttura di licenza interamente azionaria allinea gli interessi di TCNT con quelli degli azionisti di Ainos, preservando al contempo liquidità per la crescita.

Questa mossa strategica dovrebbe rafforzare le tecnologie AI Nose e Point-Of-Care Testing (POCT) di Ainos. L'azienda sta avanzando il suo pipeline di AI Nose e POCT, incluso il principale candidato POCT per composti organici volatili (VOC), Ainos Flora. Ainos sta anche sviluppando una piattaforma di rilevamento VOC con partner giapponesi e progredendo sul Next-Gen Ainos Flora, che implementa la tecnologia NVIDIA CUDA.

Ainos, Inc. (NASDAQ:AIMD) ha conseguido licencias exclusivas para 10 patentes de invención y solicitudes de patente de Taiwan Carbon Nano Technology (TCNT), su filial y co-desarrollador de productos. Las licencias, valoradas en aproximadamente 5.4 millones de dólares, cubren sensores de gas y dispositivos médicos en múltiples regiones, incluyendo EE. UU., Alemania, China, Japón y Taiwán. La estructura de licencia íntegramente basada en acciones alinea los intereses de TCNT con los de los accionistas de Ainos, al mismo tiempo que preserva liquidez para el crecimiento.

Este movimiento estratégico se espera que fortalezca las tecnologías de AI Nose y Point-Of-Care Testing (POCT) de Ainos. La empresa está avanzando en su línea de productos de AI Nose y POCT, incluyendo el principal candidato de POCT para compuestos orgánicos volátiles (VOC), Ainos Flora. Ainos también está desarrollando una plataforma de detección de VOC con socios japoneses y avanzando en el Next-Gen Ainos Flora, que implementa tecnología NVIDIA CUDA.

Ainos, Inc. (NASDAQ:AIMD)는 대만 탄소 나노 기술(TCNT)으로부터 10개의 발명 특허 및 특허 출원에 대한 독점 라이센스를 확보했습니다. 이 라이센스는 약 540만 달러의 가치를 지니며, 미국, 독일, 중국, 일본 및 대만을 포함한 여러 지역에서의 가스 센서 및 의료 기기에 적용됩니다. 전액 주식으로 이루어진 라이센스 구조는 TCNT의 이해관계를 Ainos의 주주들과 일치시키고, 성장을 위한 현금을 보존합니다.

이 전략적 조치는 Ainos의 AI Nose 및 Point-Of-Care Testing (POCT) 기술을 강화할 것으로 예상됩니다. 회사는 주요 휘발성 유기 화합물(VOC) POCT 후보인 Ainos Flora를 포함하여 AI Nose 및 POCT 파이프라인을 발전시키고 있습니다. Ainos는 또한 일본 파트너와 함께 VOC 감지 플랫폼을 개발하고 있으며, NVIDIA CUDA 기술을 구현한 차세대 Ainos Flora를 진행하고 있습니다.

Ainos, Inc. (NASDAQ:AIMD) a obtenu des licences exclusives pour 10 brevets d'invention et demandes de brevets de Taiwan Carbon Nano Technology (TCNT), son affilié et co-développeur de produits. Les licences, d'une valeur d'environ 5,4 millions de dollars, couvrent des capteurs de gaz et des dispositifs médicaux dans de multiples régions, y compris les États-Unis, l'Allemagne, la Chine, le Japon et Taïwan. La structure de licence entièrement en actions aligne les intérêts de TCNT avec ceux des actionnaires d'Ainos tout en préservant des liquidités pour la croissance.

Ce mouvement stratégique devrait renforcer les technologies AI Nose et Point-Of-Care Testing (POCT) d'Ainos. L'entreprise fait progresser son pipeline AI Nose et POCT, y compris le candidat POCT principal pour les composés organiques volatils (VOC), Ainos Flora. Ainos développe également une plateforme de détection des VOC avec des partenaires japonais et progresse avec le Next-Gen Ainos Flora, qui met en œuvre la technologie NVIDIA CUDA.

Ainos, Inc. (NASDAQ:AIMD) hat exklusive Lizenzen für 10 Erfindungspatente und Patentanmeldungen von Taiwan Carbon Nano Technology (TCNT) gesichert, deren Tochtergesellschaft und Produktmitentwickler. Die Lizenzen, die einen Wert von etwa 5,4 Millionen Dollar haben, decken Gassensoren und medizinische Geräte in mehreren Regionen ab, darunter die USA, Deutschland, China, Japan und Taiwan. Die vollständig aktienbasierte Lizenzstruktur sorgt dafür, dass die Interessen von TCNT mit den Interessen der Ainos-Aktionäre übereinstimmen, während gleichzeitig Liquidität für Wachstum erhalten bleibt.

Dieser strategische Schritt wird voraussichtlich die Technologie von Ainos im Bereich AI Nose und Point-Of-Care Testing (POCT) stärken. Das Unternehmen entwickelt seine AI Nose und POCT-Pipeline weiter, einschließlich des führenden POCT-Kandidaten für flüchtige organische Verbindungen (VOC), Ainos Flora. Ainos entwickelt auch eine VOC-Überwachungsplattform mit japanischen Partnern und arbeitet an der Next-Gen Ainos Flora, die die NVIDIA CUDA-Technologie implementiert.

Positive
  • Secured exclusive licenses for 10 invention patents and patent applications
  • All-stock licensing structure preserves cash for growth
  • Strengthens AI Nose and POCT technologies
  • Advancing VOC POCT candidate Ainos Flora
  • Developing VOC sensing platform with Japanese partners
  • Progressing on Next-Gen Ainos Flora with NVIDIA CUDA implementation
Negative
  • Issuance of shares worth $5.4 million may lead to dilution for existing shareholders

Insights

This patent licensing deal is a strategic move for Ainos, significantly strengthening their intellectual property portfolio in AI-powered point-of-care testing (POCT) and gas sensor technology. The acquisition of 10 invention patents and applications across multiple regions, including key markets like the U.S., Germany and China, provides Ainos with a competitive edge in the rapidly evolving medical device sector.

The focus on volatile organic compounds (VOC) sensing technology, particularly for their Ainos Flora product, positions the company at the forefront of non-invasive diagnostic solutions. The integration of NVIDIA CUDA for the Next-Gen Ainos Flora suggests a push towards more powerful AI processing capabilities, potentially enabling faster and more accurate diagnostics. This could be a game-changer in the POCT market, offering quicker results and improved patient care.

The all-stock transaction structure for this patent licensing deal is financially prudent. By issuing shares valued at approximately $5.4 million instead of using cash, Ainos preserves its liquidity for operational growth and R&D. This approach aligns the licensor's (TCNT) interests with those of Ainos shareholders, potentially fostering a long-term strategic partnership.

However, investors should note the dilutive effect of this stock issuance on existing shareholders. The deal's true value will depend on Ainos's ability to monetize these patents effectively through product development and market penetration. The company's focus on AI-powered POCT and VOC sensing could tap into the growing demand for rapid, non-invasive diagnostics, potentially driving future revenue growth if successfully commercialized.

Exclusive licensing of 10 invention patents and patent applications surrounding gas sensor and medical devices

All-stock licensing structure aligns the licensor's long-term interest with Ainos shareholders'

SAN DIEGO, CA / ACCESSWIRE / August 9, 2024 / Ainos, Inc. (NASDAQ:AIMD, AIMDW) ("Ainos", or the "Company"), a diversified healthcare company focused on novel AI-powered point-of-care testing ("POCT") and VELDONA low-dose interferon therapeutics, today announced that it has obtained exclusive licenses for a total of 10 invention patents and patent applications from Taiwan Carbon Nano Technology ("TCNT"), the Company's affiliate and product co-developer.

TCNT agreed to assign and grant exclusive, irrevocable, and perpetual licenses of 10 invention patents and patent applications related to gas sensors and medical devices in exchange for the Company's shares of common stock with a total value of approximately US$5.4 million. The licensed patents cover multiple regions, including the U.S., Germany, China, Japan and Taiwan.

"I believe this licensing will bolster our AI Nose and POCT technologies as we advance our AI Nose and POCT pipeline, including progressing our leading volatile organic compounds ("VOC") POCT candidate, Ainos Flora, and jointly developing a VOC sensing platform with our Japanese partners. We are also moving forward with the Next-Gen Ainos Flora with an implementation of NVIDIA CUDA, targeting Q3 for design completion and Q4 for clinical trial kickoff. This all-stock licensing structure aligns TCNT's interest with Ainos shareholders' while preserving cash for our growth," Chun-Hsien (Eddy) Tsai, Chairman of the Board, President, and Chief Executive Officer of Ainos, commented.

About Ainos, Inc.

Headquartered in San Diego, California, Ainos is a diversified healthcare company focused on novel AI-powered point-of-care testing (POCT) and low-dose interferon therapeutics (VELDONA). The Company's clinical-stage product pipeline includes VELDONA human and animal oral therapeutics, human orphan drugs, and telehealth-friendly POCT solutions powered by its AI Nose technology platform.

The name "Ainos" is a combination of "AI" and "Nose" to reflect the Company's commitment to empowering individuals to manage their health more effectively with next-generation AI-driven POCT solutions. To learn more, visit https://www.ainos.com.

Follow Ainos on X, formerly known as Twitter, (@AinosInc) and LinkedIn to stay up-to-date.

Safe Harbor Statement

Certain statements in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements can be identified by the use of words such as "anticipate," "believe," "estimate," "approximate," "expect," "intend," "plan," "predict," "project," "target," "future," "likely," "strategy," "foresee," "may," "guidance," "potential," "outlook," "forecast," "should," "will" or other similar words or phrases. Similarly, statements that describe the Company's objectives, plans or goals are, or may be, forward-looking statements. Forward-looking statements are based only on the Company's current beliefs, expectations, and assumptions. Forward-looking statements are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of the Company's control. The Company's actual results may differ materially from those indicated in the forward-looking statements.

Important factors that could cause the Company's actual results to differ materially from the projections, forecasts, estimates and expectations discussed in this press release include, among others, the cost of production and sales potential of the products announced in this press release; the Company's dependence on projected revenues from the sale of current or future products ; the Company's limited cash and history of losses; the Company's ability to achieve profitability; the Company's ability to raise additional capital to continue the Company's product development; the ability to accurately predict the future operating results of the Company; the ability to advance Ainos' current or future product candidates through clinical trials, obtain marketing approval and ultimately commercialize any product candidates the Company develops; the ability to obtain and maintain regulatory approval of Ainos' product candidates; delays in completing the development and commercialization of the Company's current and future product candidates, which could result in increased costs to the Company, delay or limit the ability to generate revenue and adversely affect the business, financial condition, results of operations and prospects of the Company; intense competition and rapidly advancing technology in the Company's industry that may outpace its technology; customer demand for the products and services the Company develops; the accuracy of third-party market research data, the impact of competitive or alternative products, technologies and pricing; disruption in research and development facilities; lawsuits and other claims by third parties or investigations by various regulatory agencies governing the Company's operations; potential cybersecurity attacks; increased requirements and costs related to cybersecurity; the Company's ability to realize the benefits of third party licensing agreements; the Company's ability to obtain and maintain intellectual property protection for Ainos product candidates; compliance with applicable laws, regulations and tariffs; continued listing on and compliance with the applicable regulations of the Nasdaq Capital Market; and the Company's success in managing growth. A more complete description of these risk factors and others is included in the "Risk Factors" section of Ainos' Annual Report on Form 10-K for the year ended December 31, 2023, and other public filings with the U.S. Securities and Exchange Commission ("SEC"), many of which risks are beyond the Company's control. In addition to the risks described above and in the Company's filings with the SEC, other unknown or unpredictable factors also could cause actual results to differ materially from the projections, forecasts, estimates and expectations discussed in this press release.

The forward-looking statements made in this press release are expressly qualified in their entirety by the foregoing cautionary statements. Any forward-looking statements contained in this press release represent Ainos' views only as of today and should not be relied upon as representing its views as of any subsequent date. Ainos undertakes no obligation to, and expressly disclaims any such obligation to, publicly update or revise any forward-looking statement to reflect changed assumptions, the occurrence of anticipated or unanticipated events or changes to the future results over time or otherwise, except as required by law.

Investor Relations Contact

Feifei Shen
Email: IR@ainos.com

SOURCE: Ainos, Inc.



View the original press release on accesswire.com

FAQ

What patents did Ainos (AIMD) acquire in August 2024?

Ainos acquired exclusive licenses for 10 invention patents and patent applications related to gas sensors and medical devices from Taiwan Carbon Nano Technology (TCNT).

How much did Ainos (AIMD) pay for the patent licenses?

Ainos paid approximately $5.4 million in shares of common stock for the exclusive licenses.

What regions are covered by the patents Ainos (AIMD) licensed?

The licensed patents cover multiple regions, including the United States, Germany, China, Japan, and Taiwan.

How will these patents benefit Ainos' (AIMD) technology development?

The patents are expected to bolster Ainos' AI Nose and Point-Of-Care Testing (POCT) technologies, advancing their pipeline including the Ainos Flora VOC POCT candidate and the development of a VOC sensing platform.

Ainos, Inc.

NASDAQ:AIMD

AIMD Rankings

AIMD Latest News

AIMD Stock Data

6.53M
4.09M
70.46%
1.34%
0.82%
Medical Devices
Pharmaceutical Preparations
Link
United States of America
SAN DIEGO