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Market cap24mUSD
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Name
BioNxt Solutions Inc
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Profile
BioNxt Solutions Inc., a bioscience firm established in 2017 and headquartered in Vancouver, Canada, conducts operations across Germany, Switzerland, Austria, Israel, and Canada. The company is actively involved in developing advanced drug delivery methods, such as transdermal patches and oral dissolvable films, designed for the administration of neurological medications. Additionally, BioNxt focuses on psychedelic medicine, creating treatments for various mental health conditions including depression, anxiety, addiction, and trauma-related stress disorder. The company also pioneers point-of-care diagnostic solutions, which include rapid diagnostics and biosensor screening tests aimed at facilitating early disease detection, enhancing treatment efficacy, and improving overall disease management. Specific examples of these diagnostics are a COVID-19 PCR kit, an oral biosensor for peri-implantitis, and oral biosensors for H1N1 (swine flu) and H5N1 (avian flu). Beyond product development, BioNxt provides analytical testing and consulting services. Its business scope further encompasses pathogen and oral health diagnostic and screening tests, thin film drug formulation, and the production and formulation of psychedelic pharmaceuticals. The company rebranded from its former name, XPhyto Therapeutics Corp., to BioNxt Solutions Inc. in November 2022.
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