Personal Protective Equipment Eases Fears During Period of Global Unrest
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nfectious diseases such as Ebola, Influenza, Zika, MERS and the recent pandemic that is still spreading, cause enormous loss of life and devastate economies around world.
Many factors influence the spread of such diseases, like globalization and associated travel and migration, the increasing population and suburban crowded homes, climate change, poor public health infrastructure and misuse of antibiotics are all, in part, responsible for the increase in severity of infectious disease.
As the viral pandemic continues to ravage countries, so too does the world's collective uncertainty regarding when and how quickly society will return to normal. In the meantime, the importance and adoption of personal protective equipment (PPE) by the public has helped prevent even higher numbers of infected.
PPEs are protective clothing, helmets, gloves, face shields, goggles, facemasks and/or respirators. When used properly, PPE acts as a barrier between infectious materials such as viral and bacterial contaminants and your skin, mouth, nose or eyes.
Micron Waste Technologies Inc. (OTC MICWD) (CSE MWM), Co-Diagnostics, Inc. (NASDAQ CODX), CytoDyn Inc. (OTC CYDY), Aytu BioScience, Inc. (NASDAQ AYTU), OPKO Health, Inc. (NASDAQ OPK)
Some PPEs are reviewed by the FDA before they can be legally sold in the United States. The manufacturers have to show they meet specific criteria for performance, labeling, and intended use to demonstrate substantial equivalence. The global personal protective equipment (PPE) market was valued at USD 52.7 Billion in 2019 and is expected to reach USD 92.5 Billion by 2025 while growing at a CAGR of 8.7% during 2020-2025, according to VynZ Research. Developments have also been made in the testing segment, as diagnostic testing has improved over the course of the last two months. By test type, the rapid antigen test is likely to hold substantial market share in 2020. Antigen assays are also usually more cost-effective when compared to either molecular or culture techniques. Now, various companies from a vast field of industries, including biotechs, medical device manufacturers, tech conglomerates and others have all made various announcements of products or services related to the pandemic, with testing kits playing a key role.
Micron Waste Technologies Inc. (OTC MICWD) (CSE MWM) and its 100% owned subsidiary Covid Technologies Inc., announced today breaking news that, the world-wide community is achieving high levels of success in using face masks to prevent the spread of the COVID-19 virus.
About COVID Technologies Inc (www.covidtechnologies.com) - In this time of crisis Covid Technologies Inc is preparing to deliver much needed PPE by provid-ing Canadian-made, high quality, vapour barrier technology (masks, protective garments), pro-tecting them from biological hazards, pathogens, and superbugs.
Covid Technologies has established manufacturing capacity at its Delta, BC manufacturing fa-cility through the acquisition of mask making equipment, including the purchase from Asia of a FLK120 surgical mask making machine and over 5 tonnes of raw material for mask production. (All items prepaid and enroute for delivery to Covid facilities in Delta BC for early June 2020 Covid has paid for the ordered equipment from existing working capital and has approximately $2.5M additional cash and manufacturing assets to deploy towards facial mask making.
COVID Technologies Inc has secured an intermim MEDL Licencce (Medical Device Licence) and will begin production starting in June 2020 of
Class 1 Protective 3ply Surgical masks equipment ASTM F2100 or F2101 guidelines. No licence or Health Canada clearance is required to manufacture these.
The Company also plans to manufacture N95 Respirators and is awaiting a licence from NIOSH (National Institute for Occupational Safety and Health (NIOSH) to be able to begin manufactur-ing these masks.
Face masks are not a substitute for physical distancing. The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the Covid-19 (or SARS-2 Coronavirus) at this time
The public is still advised to maintain at least six feet of distance from other people and stay home. Face masks are to be used when it is not possible to consistently maintain six feet of dis-tance from others or where work or businesses require them.
Micron Waste also announces that it has engaged Proactive Investors to provide investors relations services and written and video interview coverage of news releases and other corporate develop-ments. Proactive Investors is a financial news and events organization with bureaus in North America, the United Kingdom and Australia. Across all business lines, its worldwide client base numbers approx-imately 800 companies. Micron will compensate Proactive a sum total of $22,500 for a twelve month period to Proactivee.
✔️ Personal Protective Equipment Eases Fears During Period of Global Unrest
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