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NXS - Next Science

Discussion in 'Stocks I-P' started by System, Apr 10, 2019.

  1. System

    System Administrator

    Likes Received:
    Jun 27, 2010
    Next Science's objective is to commercialise its proprietary technology for the treatment of biofilm protected bacteria, primarily in the area of human health and with potential applications in animal health and industrial segments.

    The Company's proprietary Xbio technology is a non-toxic technology with proven efficacy in eradicating biofilm and biofilm protected bacteria. Xbio has been validated by extensive clinical testing, multiple FDA clearances and more than 70,000 patient treatments since 2017.

    Next Science's Xbio technology is the basis of four FDA cleared products currently being sold in the US market to eliminate biofilm protected bacteria in surgery and chronic wound care applications. Next Science has distribution agreements with major multinationals 3M and Zimmer Biomet, and has a pipeline of additional product development opportunities planned for the short and medium term. Next Science expects sales of its acne treatment to commence in Australia in the second half of 2019 under an agreement with Advanced Skin Technology.

    The majority of Next Science's revenue is generated from sales through third party distributors which allows the Company to access large global markets without incurring extensive sales and marketing expenditures. This provides Next Science with an attractive platform from which to grow, while maintaining a focus on ongoing research and development activities aimed at unlocking further healthcare product and market opportunities for its patented Xbio technology.

    It is anticipated that NXS will list on the ASX during April 2019.

  2. Knobby22

    Knobby22 Mmmmmm 2nd breakfast

    Likes Received:
    Oct 13, 2004
    Successful float.
    Biofilms are quite an amazing bacteria defence. Interested.

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