ADM Tronics Provides Update on Operations During COVID-19 Coronavirus Outbreak
Northvale, NJ -- March 17, 2020 -- InvestorsHub
NewsWire -- ADM Tronics Unlimited, Inc. (OTCQB
– ADMT) confirms that operations at its research, development,
engineering and FDA-registered Medical Device manufacturing
facility are currently continuing during the COVID-19
outbreak.
The COVID-19 situation continues to evolve rapidly,
locally as well as nationwide and globally. ADMT develops and
manufactures diversified products, including medical devices and
packaging formulations for foods and pharmaceuticals. ADMT
believes many of these technologies will remain in demand during
this period and anticipates continued production and
operations. ADMT has communicated with its customers and
suppliers to confirm operations are
continuing.
“We are grateful to our family of employees for
their dedication during this difficult time,” stated Andre’ DiMino,
ADMT President. “The health of our employees, their families
and our community is paramount, so we are exercising caution to
help avoid spread of the disease, while at the same time
maintaining operations. Products we develop and manufacture
are needed for the medical and other industries we serve. We want
to maintain our ability to produce these for our loyal customers,
and the patients and users needing
them."
Here is information about some ADMT
customers:
1.
Yesterday, Endonovo Therapeutics, Inc., an ADMT customer, announced
it is providing SofPulse units for investigational use to evaluate
inhibition of inflammatory symptoms associated with COVID-19.
SofPulse units are non-invasive, therapeutic medical devices that
were developed and are manufactured by ADMT for
Endonovo.
2.
ADMT received the following statement from Jerry Katzman, MD, “As
CEO of SteriView, RetinalGeniX, and Intubation Sciences, to name a
few, I am grateful for the success and production schedule that ADM
Tronics has been following, and has continued to follow, in
developing, R&D testing, and producing our products during
these challenging times. Simply put, ADMT has stayed on target in
delivering our suite of products and design schedule as needed to
meet our requirements to date, and in the months to
come.”
3.
ADMT has been developing and manufactured for Origin, Inc. the
IonoJet™, which allows for targeted delivery of Nitric Oxide
("NO"), produced at the point of therapy from room air, in a
thermal plasma. Michael Preston, Chairman and President of
Origin, Inc., stated, "Like other nitric oxide companies, we have
recognized the potential ability of NO to stop the replication of
the corona viruses. We believe there may be fundamental problems
with the other approaches we have seen and are working to address
these in a novel system that will allow NO to be administered
effectively. ADMT has been key to our development and will play an
important part in our
future.”
4. ADMT
is Assisi Animal Health’s development and manufacturing partner for
its targeted Pulsed Magnetic Field (tPEMF™) therapeutic devices for
the animal healthcare market. L. John Wilkerson, PhD,
Assisi’s Chairman, has reached out to distributors, veterinary
clinics, and pet owners assuring them that “As we all do our parts
in fighting COVID-19, thanks to our long and strong
relationship with Andre’ DiMino and the ADM Tronics team, Assisi
will be able to continue to supply our customers with the products
they rely on to relieve pain and inflammation and to treat anxiety
disorders in companion
animals.”
About ADMT
ADMT is a diversified, technology-based developer and manufacturer
of innovative technologies and products. Its core competency
is its ability to conceptualize a technology, bring it through
development, into manufacturing and commercialization, all
in-house. ADMT has three areas of activity: Proprietary
Medical Devices; Medical Device Design, Engineering, Regulatory and
Manufacturing Services; and, Eco-Friendly Formulations from its
headquarters, laboratories, and FDA-Registered medical device
manufacturing operations. ADMT’s multi-disciplinary team of
engineers, researchers, and technologists utilize advanced
technology infrastructure for R&D and commercialization of
diversified technologies. Visit - admtronics.com.
Except for historical information contained herein, the
matters set forth in this news release are “forward-looking”
statements (as defined in the Private Securities Litigation Reform
Act of 1995), including statements regarding future revenue growth
and performance. Although ADMT believes the expectations
reflected in such forward-looking statements are based upon
reasonable assumptions, there can be no assurance that its
expectations will be realized. Forward-looking statements involve
risks and uncertainties that could cause actual results to differ
materially from expectations. Factors that could contribute
to such differences include those described from time to time in
ADMT’s SEC filings, news releases, and other communications. The
Company assumes no obligation to update the information contained
in this news
release.
Andre DiMino
201-767-6040
andre@admtronics.com
Adm Tronics Unlimited (QB) (USOTC:ADMT)
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