In this InvestorIntel interview, Sona Nanotech Inc.’s (CSE: SONA | OTCQB: SNANF) CEO David Regan provides Tracy Weslosky with an update on Sona’s commercial agreement with Siva Therapeutics to develop therapies for treating cancer. As a strategic supplier of biocompatible gold nanorods to Siva, David discusses why Sona’s minimally invasive gold nanorods are the ideal material for use with Siva’s cancer tumor therapy system.
David says that the first targeted application will be for colorectal cancer which is the “second most mortal in the world.” David also talks about attracting world-class talent to Sona Nanotech’s board, including Neil Fraser, past-president of Medtronic Canada, and Walter Strapps, CEO and co-founder of Carver Biosciences Inc. They join Sona Nanotech director Mark Lievonen, former President of Sanofi Pasteur Limited.
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About Sona Nanotech Inc.
Sona Nanotech is a nanotechnology life sciences firm that has developed multiple proprietary methods for the manufacture of various types of gold nanoparticles. The principal business carried out and intended to be continued by Sona is the development and application of its proprietary technologies for use in multiplex diagnostic testing platforms that will improve performance over existing tests in the market. Sona Nanotech’s gold nanorod particles are CTAB (cetyltrimethylammonium) free, eliminating the toxicity risks associated with the use of other gold nanorod technologies in medical applications. It is expected that Sona’s gold nanotechnologies may be adapted for use in applications, as a safe and effective delivery system for multiple medical treatments, subject to the approval of various regulatory boards, including Health Canada and the FDA.
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