SINTX Technologies Provides Business Update Highlighting
From GlobeNewswire: 2025-05-15 07:05:00
SINTX Technologies, Inc. provided an update on its operational progress, strategic initiatives, and financial position for Q1 2025. The company is refocusing on high-growth medical markets like orthopedic implants, spinal fusion devices, dental products, and medical textiles. Recent initiatives include new R&D programs, partnerships with medical OEMs, and a cash position of $6.5 million as of March 31, 2025. Operational streamlining efforts include the sale of non-core subsidiaries, workforce reduction, and negotiations to reduce long-term lease liabilities. The company is strategically aligned to expand the use of silicon nitride in medical and antipathogenic markets.
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