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Bionovate Technologies Corp. (OTCPK:BIIO) has submitted a formal application for listing its shares on the NASDAQ Stock Exchange, the second-largest exchange by market capitalization. This move is part of the company's strategy to enter the rapidly growing medical device market. The application includes a Form 20-F Registration Statement filed with the SEC, and the company's acceptance depends on meeting NASDAQ's minimum listing requirements. Bionovate aims to innovate healthcare diagnostics through mobile applications and devices.
Bionovate Technologies Corp. (OTCPK:BIIO) has announced the cancellation of 25,000,000 common shares, returning them to treasury. This action reduces the total outstanding shares to 20,903,598, which will soon be reflected on the company's OTC Markets profile. The company is committed to enhancing shareholder value. Bionovate focuses on the development of healthcare and lifestyle diagnostics, aiming to revolutionize medical devices and mobile applications for improved user experience.
Bionovate Technologies Corp (OTCMKT: BIIO) is actively seeking investments in digital healthcare start-ups, spurred by the COVID-19 pandemic's acceleration of the sector. The company highlights the increasing patient engagement and rising smartphone usage as key market drivers. Bionovate also considers taking promising start-ups public via SPACs, leveraging its expertise in navigating capital acquisition without traditional IPO restrictions. The focus remains on building an ecosystem of mobile health services aimed at chronic disease management, especially utilizing IoT and AI technologies.
Bionovate Technologies Corp., focused on digital transformation in healthcare, has partnered with semanticom for international PR and communications. The company is developing an FDA-approved ecosystem of mobile health diagnostics, transforming lab tests into smartphone-compatible versions. Recently, Bionovate acquired shares in Digital Diagnostics AG, which is launching a rapid corona antigen test soon. This strategic move aligns with their goal to innovate within the high-growth medical device market.
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