Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Nanologix Inc (NNLX) Message Board

Email from NNLX with full Tribune Chronicle articl

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 9144
Posted On: 12/22/2015 8:55:18 PM
Posted By: Kachingpdx1
Email from NNLX with full Tribune Chronicle article.

Full credit for this article is to the Warren Tribune Chronicle, Warren, Ohio


Local company customizes diagnostic tool for the globe

NanoLogix Inc. does biotechnology in Hubbard

December 22, 2015

By VIRGINIA SHANK - Tribune Chronicle , Tribune Chronicle

HUBBARD - NanoLogix Inc., a local biotechnology company, has been contracted to customize one of its diagnostic tools for a global medical device manufacturer.


Leaders of the Hubbard-based company, who made the announcement Monday, said they could not disclose the name of the manufacturer and / or additional information about the deal because of contract restrictions.

They said the manufacturer contacted NanoLogix in February, the agreement was finalized in late October and a purchase order was issued in late November. NanoLogix then began the initial customization of the N-Assay, a modified ELISA, or enzyme-linked immunosorbent assay.

Bret Barnhizer, NanoLogix CEO, said finalization of the contract is the most significant news the company has ever had.

Barnhizer said this initial customization of the N-Assay is the first of its kind for NanoLogix .

"The technology has proven to be the most accurate, fastest, and sensitive diagnostic tested, able to rapidly detect bacteria strains and determine whether or not those strains are resistant to various antibiotics," he said.

Barnhizer said the N-Assay has detected sub-strains of some bacteria that are not seen with traditional standard diagnostic tests.

"The significance of that development is that we can now recognize the existence of those sub-strains while others cannot, meaning that where previously a patient tested as negative for presence of a bacteria, he or she may be found to have a previously undetected infection," he said.

He said the financial implications are also significant as the company projects roughly $500,000 in sales and development funding from this venture, with other customized N-Assay kits in the planning stage for the same customer.

Additionally, NanoLogix is exploring options for expansion of its current facilities in Hubbard to accommodate manufacturing of the antibody-coated N-Assay.

NanoLogix is a biotechnology company focused primarily on both rapid diagnostics and petri plates. Its products offer accelerated detection and identification of microorganisms.

In addition to medical, national defense, and homeland security applications, NanoLogix technology is applicable in pharmaceutical, industrial, veterinary and environmental testing, the company said.

ELISA is a diagnostic test that uses antibodies and color change to identify a substance. The N-Assay provides rapid, accurate, and sensitive detection and identification of any bacteria tested to date for which there exists an antibody, with the added capability of near-simultaneous determination of antibiotic sensitivity and resistance.

Patents granted to NanoLogix can be used in the areas of applied microbiology, soil microbiology and bioremediation, microbial physiology, molecular biology, pharmacology, pharmaco-kinetics and antibiotic sensitivity.


(0)
(0)




Nanologix Inc (NNLX) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us