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SINTX Technologies Receives FDA Clearance for SINAPTIC® Foot & Ankle Implant System
Globenewswire· 2025-10-20 11:00
Core Insights - SINTX Technologies has received FDA 510(k) clearance for the SINAPTIC® Foot & Ankle Osteotomy Wedge System, marking its entry into the reconstructive foot and ankle surgery market in the U.S. with a planned commercial launch in Q1 2026 [1][3] - The global foot & ankle device market is estimated to be approximately $4.75–$5.4 billion in 2024, with SINTX targeting a significant revenue opportunity through its innovative implant system [3] Company Overview - SINTX Technologies specializes in advanced ceramics, particularly in the biomedical applications of silicon nitride (Si₃N₄), and has been a leader in this field since 2008 [5] - The SINAPTIC implant system integrates proprietary silicon nitride biomaterial with surgeon-informed designs and a sterile, single-use instrument kit to enhance surgical efficiency and outcomes [2][3] Market Positioning - The SINAPTIC system is positioned to meet the growing demand for non-metal solutions in orthopedics, aiming to improve surgical outcomes through the proven performance of silicon nitride [3] - The company anticipates that the combination of procedure growth, migration to Ambulatory Surgery Centers (ASC), and single-use instrumentation will create a compelling revenue opportunity in the foot and ankle device market [3] Product Features - The silicon nitride material used in the SINAPTIC system offers unique benefits, including superior protein absorption, osteointegration, bacteriostatic properties, hydrophilicity, and enhanced visibility in imaging compared to traditional metal implants [7]
更新:SINTX 通过新获批的美国专利,强化其感染防护产品组合,该专利覆盖价值 300 亿美元的抗病原体潜在市场
Globenewswire· 2025-10-16 19:45
Core Insights - SINTX Technologies has received a new patent from the USPTO for its antimicrobial fabric technology, further solidifying its competitive advantage and expanding its intellectual property (IP) portfolio [1][2] - The new patent complements a previously approved patent for the composition of antimicrobial fiber materials, enhancing SINTX's position in the infection prevention market [2] - The dual patent strategy strengthens SINTX's IP barrier in various applications, including wound dressings, surgical drapes, personal protective equipment (PPE), and clinical surfaces [1][3] Company Developments - The CEO of SINTX, Eric K. Olson, emphasized that the new patent is a significant milestone that broadens the protection of their proprietary silicon nitride technology platform [2] - The company plans to engage in licensing and joint development with partners in the textile, wound care, and PPE sectors, leveraging its dual patent portfolio for flexible collaboration models [3] Market Context - The infection prevention market is estimated to be around $30 billion, covering medical textiles, wound management, and PPE, which is supported by the new patents [3] - There is a pressing need for passive surface-level solutions to combat hospital-acquired infections (HAIs), with approximately 1 in 31 hospitalized patients experiencing an HAI on any given day in the U.S. [3]
What Makes SINTX TECHNOLOGIES, INC. (SINT) a Strong Momentum Stock: Buy Now?
ZACKS· 2025-10-16 17:01
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: SINTX Technologies, Inc. - SINTX Technologies, Inc. currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating a positive outlook for the stock [3][4] - The stock has shown significant price performance, with a 5.08% increase over the past week, contrasting with a 2.74% decline in the Zacks Medical - Instruments industry during the same period [6] - Over the past quarter, SINT's shares have risen by 56.36%, and by 44.78% over the last year, outperforming the S&P 500, which increased by 7.25% and 16.06% respectively [7] Trading Volume and Market Position - SINT's average 20-day trading volume is 106,104 shares, which serves as a baseline for price-to-volume analysis, indicating bullish or bearish trends [8] Earnings Outlook - In the last two months, one earnings estimate for SINT has increased, while none have decreased, leading to a consensus estimate improvement from -$3.44 to -$2.87 for the full year [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions, suggesting a positive earnings outlook [10] Conclusion - Considering the positive momentum indicators and earnings outlook, SINTX Technologies, Inc. is positioned as a promising investment opportunity with a Momentum Score of B and a Zacks Rank of 2 (Buy) [12]
UPDATE: SINTX Strengthens Infection-Prevention Portfolio with Newly Allowed U.S. Patent Covering $30 Billion Antipathogenic Addressable Market
Globenewswire· 2025-10-16 11:00
Core Insights - SINTX Technologies has received a Notice of Allowance for a patent application covering its antipathogenic fabric technology, enhancing its competitive advantage and broadening licensing opportunities [1][2][4] - The new patent complements an existing patent for Antipathogenic Fibrous Materials, creating a comprehensive intellectual property (IP) barrier around SINTX's pathogen-inactivation technology [2][3][4] - The company aims to leverage its dual-patent estate to pursue partnerships in medical textiles, wound care, and filtration/PPE sectors, enhancing its commercialization potential [6][7] Intellectual Property Development - The newly allowed method patent strengthens the protection of SINTX's silicon nitride technology platform, covering both the composition and manufacturing processes of its fabrics [4][5] - The dual coverage of composition and method allows SINTX to defend and license various manufacturing and application pathways, crucial for engaging with potential partners [4][5] Market Context - The infection-prevention market is estimated to be around $30 billion, encompassing medical textiles, wound management, filtration/PPE, and healthcare infrastructure, supported by the new patent coverage [6] - Approximately 1 in 31 U.S. hospital patients experience healthcare-associated infections (HAIs), highlighting the demand for effective surface-level infection prevention solutions [7] Scientific Validation - Peer-reviewed studies have demonstrated that silicon nitride can achieve up to ~99.97% reduction of infectious SARS-CoV-2 in laboratory conditions, validating its effectiveness in antipathogenic applications [5]
SINTX Technologies Strengthens IP Portfolio with New U.S. Patent Notice of Allowance Covering Antipathogenic Fabrics
Globenewswire· 2025-10-14 11:00
Core Insights - SINTX Technologies has received a Notice of Allowance for a patent covering its antipathogenic fabric technology, enhancing its competitive advantage and expanding licensing opportunities in a $30 billion total addressable market [1][6][4] Intellectual Property Expansion - The new patent builds on a previously announced patent for Antipathogenic Fibrous Materials, providing dual coverage for both the material and the processes, which strengthens the company's competitive position [2][4] - The two patent families create a comprehensive IP barrier around SINTX's pathogen-inactivation technology, applicable in various medical and healthcare products [3][4] Market Context - The infection-prevention market is characterized as a significant opportunity, estimated at approximately $30 billion across sectors such as medical textiles, wound management, and filtration [6] - The prevalence of healthcare-associated infections (HAIs) in U.S. hospitals underscores the demand for effective infection-prevention solutions [7] Scientific Validation - Peer-reviewed studies have demonstrated the efficacy of silicon nitride in rapidly inactivating coronaviruses, with lab results showing up to a 99.97% reduction of infectious SARS-CoV-2 [5] Commercial Strategy - SINTX plans to pursue licensing and co-development partnerships across various sectors, leveraging its dual-patent estate to create flexible deal structures [7][4]
SINTX Technologies to Present at the H.C. Wainwright 27th Annual Global Investment Conference on September 9, 2025
Globenewswire· 2025-09-09 11:00
Core Viewpoint - SINTX Technologies, Inc. has been invited to present at the H.C. Wainwright 27th Annual Global Investment Conference, highlighting its growth strategy and recent financial initiatives aimed at accelerating its strategic objectives [1][3]. Group 1: Conference Participation - The conference is scheduled from September 8–10, 2025, at the Lotte New York Palace Hotel, with SINTX's presentation set for September 9, 2025 [1]. - The event serves as a platform for the company to share its objectives, progress, and engage with institutional investors [2]. Group 2: Company Strategy and Objectives - SINTX plans to outline its growth strategy, near-term milestones, and the impact of its silicon nitride platform in medical device and infection-prevention markets [3]. - Recent financial initiatives, including a warrant inducement plan, are expected to enhance the company's ability to pursue its strategic objectives [3]. Group 3: Company Overview - SINTX Technologies, based in Salt Lake City, Utah, specializes in advanced ceramics for biomedical applications, particularly silicon nitride [5]. - The company has been a leader in the research, development, and manufacturing of silicon nitride, with products implanted in humans since 2008 [5]. - SINTX continues to expand its portfolio through innovation and strategic partnerships across multiple markets [5].
SINTX Technologies Announces Successful Exercise of Warrants for $3.8 Million Gross Proceeds
Globenewswire· 2025-09-08 11:54
Core Viewpoint - SINTX Technologies, Inc. has entered into agreements for the immediate exercise of outstanding warrants, which will result in the issuance of new unregistered warrants and is expected to generate approximately $3.8 million in gross proceeds for the company [1][4]. Group 1: Warrants and Financial Details - The company announced the exercise of warrants to purchase up to 1,099,431 shares of common stock at an exercise price of $3.32 per share [1]. - In exchange for the immediate exercise of the warrants, the company will issue new unregistered warrants to purchase up to 1,649,147 shares at an exercise price of $4.79 per share, which will be exercisable immediately and expire in five and a half years [3]. - The gross proceeds from the exercise of the warrants and issuance of new warrants are expected to be approximately $3.8 million, prior to deducting placement agent fees and estimated offering expenses [4]. Group 2: Use of Proceeds and Closing Conditions - The company intends to use the net proceeds from the offering for working capital purposes [4]. - The offering is expected to close on or about September 9, 2025, subject to customary closing conditions [4]. Group 3: Company Overview - SINTX Technologies is an advanced ceramics company specializing in biomedical applications of silicon nitride, with products implanted in humans since 2008 [7]. - The company is a global leader in the research, development, and manufacturing of silicon nitride and continues to expand its portfolio across multiple markets through innovation and strategic partnerships [7].
SINTX Technologies Receives USPTO Notice of Allowance for Silicon Nitride Antipathogenic Platform Patent
Globenewswire· 2025-09-08 11:00
Core Viewpoint - SINTX Technologies has received a Notice of Allowance from the USPTO for its patent on "Antipathogenic Fibrous Materials," which provides broad protection for its silicon nitride-based platform aimed at neutralizing pathogens [1][2][3] Intellectual Property Milestone - The patent secures extensive protection for silicon nitride's use in various applications, including medical devices, surgical care, and healthcare infrastructure, within a global infection-prevention market projected to exceed $30 billion annually [2][4] - This milestone enhances SINTX's intellectual property portfolio, complementing existing patents on antipathogenic face masks and systems for rapid viral inactivation [7][8] Leadership Perspective - The CEO of SINTX emphasizes that this patent could transform silicon nitride into a platform technology for infection prevention, potentially lowering infection risks and healthcare costs while saving lives [3][10] Healthcare Impact - Healthcare-associated infections (HAIs) are a significant challenge, with 1 in 31 U.S. hospital patients affected daily, leading to tens of billions in annual costs [4][5] - Silicon nitride's ability to provide continuous, drug-free pathogen inactivation could lead to substantial savings for hospitals and improved patient outcomes [5][6] Scientific Foundation - The patent builds on over a decade of research demonstrating silicon nitride's antimicrobial properties, including its effectiveness against various coronaviruses [6][7] Commercialization Strategy - SINTX plans to pursue partnerships and licensing agreements to integrate silicon nitride into products like wound dressings and PPE, facilitating rapid market adoption without major infrastructure changes [8][9] Future Outlook - With the patent allowance, SINTX is positioned to accelerate product commercialization and expand its presence in the infection-prevention market, potentially enhancing long-term shareholder value [9][10]
SINTX Technologies Publishes Landmark Study Demonstrating Broad-Spectrum Antiviral Activity of Silicon Nitride
Globenewswire· 2025-09-03 11:00
Core Insights - SINTX Technologies has published a peer-reviewed study demonstrating the antiviral efficacy of silicon nitride against various virus strains, including SARS-CoV-2 and MERS-CoV [1][2][4] Company Overview - SINTX Technologies is an advanced ceramics innovator specializing in biomedical applications of silicon nitride (Si₃N₄) and is the only FDA-cleared and ISO-certified silicon nitride manufacturer in the U.S. [3][5][10] - The company is transitioning from a single-product orthopedic implant manufacturer to a platform technology company with broad applications in infection control and medical devices [9] Study Findings - The study showed that alpha-phase silicon nitride (α-Si₃N₄) can reduce infectious SARS-CoV-2 titers by up to 99.97% within 10 minutes, with complete inactivation observed by 30 minutes [4] - When embedded in textile fabric, silicon nitride achieved 97% inactivation, demonstrating broad-spectrum virucidal activity against several SARS-CoV-2 variants and MERS-CoV [4] Market Opportunity - The global infection-prevention and control market is projected to exceed $230 billion by 2032, with the antiviral PPE market estimated to reach over $40 billion by 2030 and the global wound care market forecast to surpass $30 billion by 2030 [6] - SINTX believes its silicon nitride-based products can capture significant market share in these sectors due to their superior safety profile and performance compared to traditional metal-based antimicrobials [6] Advantages of Silicon Nitride - Unlike traditional antimicrobial additives like copper and silver, silicon nitride releases non-toxic reactive nitrogen species that damage viral RNA and proteins without harming surrounding tissue [7] - Potential applications include wound dressings, surgical sutures, face masks, hospital linens, and HEPA filters [8] Strategic Positioning - The publication of the study marks a strategic milestone for SINTX as it seeks partnerships and licensing opportunities to accelerate commercialization of its technology [9]
SINTX Technologies Issues Business Update Following Strategic Realignment, Leadership Expansion, and SiNAPTIC Acquisition
Globenewswire· 2025-08-15 11:00
Core Insights - SINTX Technologies is undergoing a strategic transformation following the acquisition of SiNAPTIC, focusing on accelerating growth in the medical device sector over the next 12 to 24 months [1][2][3] Business Update - The company has made significant progress in its commercialization strategy and has streamlined operations to focus on high-margin, high-growth opportunities in orthopedic and surgical markets [1][4] - SINTX has successfully implanted over 50,000 spinal interbody devices and aims to leverage its differentiated orthopedic and spine technologies for revenue and margin growth [3][4] Leadership and Team Expansion - The acquisition of SiNAPTIC has enhanced SINTX's leadership team with experienced MedTech innovators, improving its commercial capabilities [4][5] - Key appointments include Bryan Scheer, M.D. as Chairman of the Clinical Advisory Board, and Lisa Marie Del Re as Chief Commercial Officer, among others [5] Strategic Focus and Operations - The company has divested non-core assets, including the sale of its Maryland-based subsidiary, to enhance strategic focus [5] - SINTX has exited low-margin OEM manufacturing, which contributed to a slight decrease in revenue during Q2 2025, reflecting a purposeful transition towards more profitable operations [6] Future Growth Strategy - SINTX plans to continue building its scientific foundation and intellectual property portfolio, with recent advancements in composite implant design and antimicrobial ceramics [7][11] - The company is committed to transparency with shareholders as it moves towards commercialization [7]