0.28
-5.08%
Close of 9 Nov 2026, in CAD
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About Sona Nanotech
Its shares trade on Canadian Securities Exchange under the ticker SONA.CN. It has been listed since 4 October 2018.
Sona Nanotech, Inc. engages in the development and manufacture of rod-shaped gold nanoparticles. The company is headquartered in Halifax, Nova Scotia. The company went IPO on 2018-10-04. The principal business is the development and application of its technology for use in multiplex diagnostic testing platforms. The firm offers a suite of products and services for multiple applications, including custom conjugation, lateral flow test development, lateral flow test production, point of care diagnostics, drug delivery, photo-thermal therapy and cell imaging. The Company’s products include Lateral flow. Its Lateral flow is a technology and a paper-based diagnostic test used to confirm the presence or absence of a target analyte in a sample without the need for specialist lab equipment. Lateral flow tests are used in various sectors, which include animal and veterinary health, food and drink, environmental testing, agricultural testing, and drugs of abuse.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Health Care
- Industry
- Life Sciences Tools & Services
- Listed since
- 4 Oct 2018
- Employees
- 11
- Website
- sonanano.com ↗
Leadership
Pay as last reported
- Mr. David ReganChief Executive OfficerC$260,000
- Mr. Robert RandallChief Financial Officer, Corporate SecretaryC$66,275
- Mr. Len PagliaroChief Scientific Officer, Director, since 2023C$174,587
- Dr. Carman GiacomantonioChief Medical OfficerC$57,500
- Mr. Harold MegannDirector, since 2012C$27,170
- Mr. Neil FraserIndependent DirectorC$32,891
- Mr. John LievonenIndependent DirectorC$61,496
- Mr. Wayne MylesIndependent Director
- Dr. Walter StrappsIndependent DirectorC$27,170
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Strong technological expertise: Sona Nanotech Inc possesses advanced nanotechnology capabilities, allowing them to develop cutting-edge products with unique features and advantages.
- Strong intellectual property portfolio: The company owns a significant number of patents and trademarks, providing a competitive advantage and protecting their innovations from potential imitators.
- Strategic partnerships: Sona Nanotech has established strong collaborations with key industry players, enabling access to resources, distribution networks, and expertise that support their growth and market reach.
Weaknesses
- Limited market presence: Although Sona Nanotech has innovative products, they currently have limited market penetration, which may hinder their ability to fully capitalize on their technological strengths.
- Relatively small scale: As a small company, Sona Nanotech may face challenges in scaling up their operations and meeting increased demand as they expand into new markets.
- High research and development costs: Developing advanced nanotechnology products requires significant investments in research and development, which could strain the company's financial resources.
Opportunities
- Growing demand for nanotechnology products: The increasing awareness and adoption of nanotechnology across various industries present opportunities for Sona Nanotech to expand their market share and revenue.
- Emerging applications: Exploring new applications of nanotechnology, such as in healthcare, electronics, and energy, could open up new revenue streams for the company.
- Global partnerships: Sona Nanotech can leverage their technological expertise and intellectual property to form strategic partnerships with international companies, facilitating market entry into new regions.
Threats
- Intense competition: The nanotechnology industry is highly competitive, with larger and more established players already dominating the market. Sona Nanotech needs to differentiate themselves to avoid being overshadowed.
- Technological obsolescence: Rapid advancements in nanotechnology could render existing products outdated, necessitating constant innovation and product improvement to stay ahead.
- Regulatory challenges: The nanotechnology sector is subject to strict regulations and safety standards. Compliance with these regulations can be time-consuming and costly, affecting the company's operations and time-to-market.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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