SINTX TECHNOLOGIES ANNOUNCES SARS-COV-2 TESTING RESULTS

Rhea-AI Summary

SINTX Technologies (NASDAQ: SINT) announced promising preliminary results from a controlled study showing that their sintered silicon nitride powder inactivates the SARS-CoV-2 virus. The findings align with known antibacterial properties of silicon nitride and efficacy against similar viruses. CEO Dr. Sonny Bal emphasized ongoing independent testing to validate these results. SINTX is dedicated to rigorous R&D verification. However, they caution investors against assuming commercial effectiveness until further data is available.

Positive

• Promising preliminary results indicating that silicon nitride can inactivate SARS-CoV-2.
• Consistency of findings with established antibacterial properties of silicon nitride.

Negative

• No guarantees of the silicon nitride's effectiveness in consumer products.
• Investors are advised against making assumptions based on preliminary results.

SALT LAKE CITY, UT, June 20, 2020 (GLOBE NEWSWIRE) -- SINTX Technologies, Inc. (NASDAQ: SINT) (“SINTX” or the “Company”), an original equipment manufacturer (OEM) ceramics company focused on silicon nitride and its applications, today announced that in a controlled laboratory study, the SARS-CoV-2 virus was inactivated when exposed to SINTX’s sintered silicon nitride powder. The Company expects to share additional data soon, once the findings are published in a rapid-review forum.

“The preliminary results are encouraging,” said Dr. Sonny Bal, CEO of SINTX. “The antiviral data are consistent with the well-established anti-bacterial properties of SINTX’s silicon nitride, and with previously reported effectiveness against several single-strand RNA viruses. Additional testing at independent, outside laboratories is in progress to corroborate the effectiveness of silicon nitride against SARS-CoV-2.”

SINTX is committed to the scientific integrity of its R&D programs and has invested heavily in the careful verification of its reported findings. No representations are made as to the effectiveness of silicon nitride in consumer products, whether medical or otherwise. Investors are cautioned against making any assumptions based on the experimental results reported herein.

About SINTX Technologies, Inc.

SINTX Technologies is an OEM ceramics company that develops and commercializes silicon nitride for medical and non-medical applications. The core strength of SINTX Technologies is the manufacturing, research, and development of silicon nitride ceramics for external partners. The Company manufactures silicon nitride material and components in its FDA registered and ISO 13485 certified facility.

For more information on SINTX Technologies or its silicon nitride material platform, please visit www.sintx.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (PSLRA) that are subject to a number of risks and uncertainties. Risks and uncertainties that may cause such differences include, among other things, the uncertainties inherent in research and development, including the cost and time required advance our products to regulatory submission; market acceptance of our products once cleared and commercialized; our ability to raise additional funding and other competitive developments. Readers are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date on which they are made and reflect management’s current estimates, projections, expectations and beliefs. There can be no assurance that any of the anticipated results will occur on a timely basis or at all due to certain risks and uncertainties, a discussion of which can be found in SINTX’s Risk Factors disclosure in its Annual Report on Form 10-K, filed with the Securities and Exchange Commission (SEC) on March 26, 2020, and in SINTX’s other filings with the SEC. SINTX disclaims any obligation to update any forward-looking statements. SINTX undertakes no obligation to publicly revise or update the forward-looking statements to reflect events or circumstances that arise after the date of this report.

Contact:
SINTX Technologies
801.839.3502
IR@sintx.com

FAQ

What recent discovery did SINTX Technologies report on June 20, 2020?

SINTX Technologies reported that preliminary results indicate their silicon nitride powder can inactivate the SARS-CoV-2 virus.

What is the significance of SINTX's findings related to silicon nitride?

The findings suggest that silicon nitride has antiviral properties consistent with its known antibacterial effectiveness.

What does SINTX Technologies caution investors about its recent press release?

SINTX cautions investors against assuming the effectiveness of silicon nitride in consumer products until further data is available.