$ITMC News on Rapid Test for Viruses such as

New Post Public Reply Private Reply Replies (0) Message Board
Lee Adams
168
$ITMC News on Rapid Test for Viruses such as Covid-19

ITOCO to Bring Molecular Diagnostic Technologies and a DNA Test Kit Platform to Market

TORONTO, ON / ACCESSWIRE / August 4, 2020 / ITOCO INC. (OTC PINK:ITMC) will bring advanced molecular diagnostic technologies and a patented DNA test kit platform to market via a co-development agreement with ACGT DNA Technologies.

ITOCO will have various rights to market the technologies, initially to the state of New York, Canada, Mexico, and Germany. Other territories may be added to the arrangement over time.

Profits from these territories shall be split equally with ACGT net of expenses.

Additionally, ITOCO and ACGT shall establish a laboratory to co-develop products that can be used on the platform.

The ACGT DNA Test Kit platform uses patented proprietary DNA and RNA analysis techniques to detect viruses and other disease-causing organisms. Test times have the potential to be significantly faster than current widely used technology.

The system is at the advanced prototype stage and is available for demonstrative purposes.

ITOCO CEO Michael Paul stated, "We are proud to partner with ACGT in our endeavor to bring advanced Biotech projects to practical applications. We look forward to working with ACGT to take leading edge diagnostic products to market."

ITOCO continues to make good progress on other partnerships and initiatives that will be announced in the coming weeks.

About ITOCO INC.

ITOCO's mission is to be a global leader in developing, producing and distributing Bio Tech related technologies and methodologies in a compliant environmentally friendly manner. ITOCO is a 5-year-old OTC quoted NEVADA corporation, with satellite offices in Toronto, Canada.

About ACGT DNA Technologies Inc.

ACGT has been dedicated to offering oligonucleotide synthesis and DNA sequencing services for over 20 years, providing quality products and services to hospital and university labs and as well to companies globally. ACGT Corporation has an ISO13485 (ISO) certificate and became compliant to 21 CFR 820 of the Food and Drug Administration's ("FDA" Good Manufacturing Practices ("GMP" requirements. These allow ACGT Corporation to produce and sequence "human grade" DNA that can be used with humans in diagnosis and therapy.

Forward-Looking Statements

This release contains forward-looking statements. Forward-looking statements, without limitation, may contain the words believes, expects, anticipates, estimates, potential, intends, plans, hopes, or similar expressions. Forward-looking statements are not guarantees of future performance. They involve risks, uncertainties and assumptions and actual results could differ materially from those anticipated. Forward looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements.

CONTACT:

ITOCO INC.
Michael Paul
ir@ITOCO.net
+1 (905) 829-5000
http://www.itoco.net

SOURCE: ITOCO INC



View source version on accesswire.com:
https://www.accesswire.com/600223/ITOCO-to-Br...-to-Market
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Worldline Crowned as 2026 SPARK Matrix Leader

Updated Category News Views 68

Worldline's Journey to Leadership When you talk about the big dogs in payment services, Worldline’s name crops up for a reason. They've just snagged a top spot in the 2026 SPARK Matrix by the QKS Group, putting them in the limelight as a leader in Merchant Payment Platform technology. If you're in payments, this is worth a double take. The SPARK Matrix Breakdown The...

Continue Reading
Shira Goodman Joins APEI Board: New Direction?

Updated Category News Views 0

A New Chapter for American Public Education Alright, sit tight because this one’s got layers. American Public Education, Inc. (Nasdaq: APEI) just shook up its board by bringing in Shira Goodman, the former CEO of Staples. This move isn't just swapping one name for another; it’s about bolstering leadership at a time when strategic decisions are pivotal. Who is Shira...

Continue Reading
Humberto Quintanar Strengthens McKinley Irvin's Seattle Team

Updated Category News Views 141

Humberto Quintanar Makes His Move In a world where legal battles can shake lives to the core, McKinley Irvin is throwing another heavyweight into the ring. They’ve just pulled in Humberto Quintanar, a guy who knows his way around a courtroom like a cabbie knows a city's backstreets. This isn't just another seat-fillin' lawyer; Quintanar packs years of experience as a...

Continue Reading
NJ's $21.3M Water Fix Fights PFAS, Boosts AWK

Updated Category News Views 0

Water Woes Culminate in Triumph Alright, folks, you don't often see New Jersey in the headlines for anything groundbreaking in the right way, but here we are. The big news is a hefty $21.3 million project completion that finally puts some ammo against the notorious PFAS chemicals. If you've got any skin in the utility game or just a stake in clean water, this one's been...

Continue Reading
China's Capital Markets Eye Transformation 2026-2030

Updated Category News Views 25

China's Capital Markets: A New Era Dawns Guosen Securities is ringing the bell for a fundamental shift in China's capital markets, folks. As we're about to roll into the 15th Five-Year Plan period, they're not just talking about expansion anymore. Nope, it's all about reshaping the landscape with regulatory reforms, innovation, and international integration. If you think...

Continue Reading
Switchgear Monitoring Market Surges to $3.80 Billion

Updated Category News Views 89

Switchgear Monitoring: A Crucial Component in Modern Power Grids When the chips are down, it's the grid that keeps the lights on. Now, looks like switchgear monitoring systems are riding high on this global necessity. Fueled by infrastructure upgrades, the market's slated to leap from $2.36 billion in 2026 to a whopping $3.80 billion by 2031, clocking a solid 10.1% CAGR....

Continue Reading
Western Microsurgical Expands Through Strategic Acquisitions

Updated Category News Views 0

Western Microsurgical's Bold Moves Western Microsurgical (WMS) is out here making waves, pulling off some serious strategic plays with the acquisitions of Q Surgical and Proficient Surgical. Now, this ain't some fly-by-night decision—this is about securing territory and leveling up their game in surgical microscopes and operating room supplies. With a footprint that'll...

Continue Reading
Golden Bear Faces Wage Violation Class Action Case

Updated Category News Views 94

Legal Battle Brewing in Merced Well, folks, looks like Golden Bear Physical Therapy Sports Injury Center, Inc. is in for a bumpy ride. The company is facing a whopper of a class action lawsuit, filed by the folks over at Blumenthal Nordrehaug Bhowmik De Blouw LLP, alleging violations of the California Labor Code. This legal skirmish is unfolding right there in the Merced...

Continue Reading
JAŸ-Z to Rock Super Bowl Halftime in 2027

Updated Category News Views 108

JAŸ-Z's Iconic Leap to Super Bowl Halftime Time to sit up—not talking about just another gig here, folks. We're talking about JAŸ-Z stepping onto the Apple Music Super Bowl LXI Halftime Show stage at SoFi Stadium in L.A. This ain't your grandma's halftime show. It's set for February 14, 2027, and will beam out on just about every screen from ESPN to Disney+, even...

Continue Reading
Dysolve Sheds Light on Dyslexia with AI Breakthrough

Updated Category News Views 87

Turning the Page for Dyslexic Learners The narrative around dyslexia is getting a fresh edit, and it's not just another educational theory on some dusty shelf. Nope, Dysolve, with its trailblazing AI technology, is flipping the script for countless individuals grappling with dyslexia. This innovative breakthrough is reaching for the stars, aiming to demolish the barriers...

Continue Reading

Top 5 Most Recently Viewed Articles

Loews Corporation Achieves Strong Performance in Latest Report

Updated Category News Views 191

Loews Corporation Financial Overview Loews Corporation (NYSE: L) recently announced its latest financial results, reflecting a robust performance in the face of market challenges. The report highlights a net income of $504 million for the third quarter, translating to $2.43 per share. This is an impressive increase from $401 million, or $1.82 per share, from the same...

Continue Reading
Prenetics Reports Remarkable Growth and Strong 2025 Outlook

Updated Category News Views 250

Prenetics Reports Strong Financial Results for 2024 In an exciting announcement, Prenetics Global Limited (NASDAQ: PRE) has reported significant growth in its revenue during the fourth quarter of 2024, achieving a remarkable increase of 93.5% to reach $10.5 million. This impressive growth is a part of a broader 40.9% year-over-year increase, culminating in a total revenue...

Continue Reading
Amentum Secures Major Cleanup Contract for Nuclear Site

Updated Category News Views 230

Amentum Secures Major Cleanup Contract for Nuclear Site Amentum, a prominent player in the field of engineering and technology solutions, has recently announced a significant contract awarded by the West Valley Cleanup Alliance, LLC (WVCA). This joint venture includes Jacobs Technology and Geosyntec Consultants, demonstrating a collaborative effort aimed at addressing the...

Continue Reading
High Pressure Seal Market Forecasted Growth Analysis

Updated Category News Views 64

Overview of the High Pressure Seal Market The global high pressure seal market is projected to achieve a remarkable valuation of USD 11.5 billion by 2034. This forecast indicates a compounded annual growth rate (CAGR) of 6.7% from 2024 to 2034. As of 2023, the market was valued at around USD 5.7 billion, demonstrating a robust upward trend. Understanding High Pressure...

Continue Reading
Francois de Visscher: An Advisor's Legacy and Future

Updated Category News Views 19

A Long Journey in Advisory and Diplomacy Francois M. de Visscher might not be a household name at your typical Wall Street gathering, yet his contributions have quietly influenced how family businesses are managed across the globe. Here’s a guy who hasn't just played the game; he’s designed some of the rules. With roots tracing back to Belgium and academic credentials...

Continue Reading