1. Zentek completes shelf-life efficacy testing on ZenGUARD™ filters for compliance. 2. Passed testing is a critical step for medical device market entry.
Successful testing increases confidence in product viability and market acceptance, similar to positive FDA approvals boosting companies like Moderna in 2020.
Successful efficacy testing is a significant milestone that could attract new investment and partnerships, impacting stock price positively.
Immediate compliance boosts potential for sales and partnerships in the medical sector within 6-12 months.