News

Newburyport, Massachusetts, USA (February 24, 2016) - Strem Chemicals, Inc., a manufacturer of specialty chemicals for research and development, and SONA Nanotech Ltd. (SONA), a manufacturer of gold nanoparticles, today announced the signing of a distribution agreement.

This agreement will make Strem Chemicals the first global distributor of gold nanorods (GNRs) completely synthesized without CTAB.  SONA is the first company in the world to be able to synthesize and stabilize high quality gold nanorods without the use of CTAB.

“Over the last 30 years, there has been incredible progress within the research community working with gold nanoparticles in the areas of photothermal cancer treatment, diagnostic imaging, drug delivery and other areas.  CTAB is a major concern in advancing the existing research into human use,” stated Dr. Ephraim Honig, COO of Strem Chemicals.  “We are excited to be the first to bring to market gold nanoparticles that can help bring decades of research closer to the reality of life changing procedures.” 

SONA CEO, Dr. Gerrard Marangoni, says, “This is a very important announcement for SONA and the gold nanoparticles industry globally. Our ability to manufacture gold nanorods without CTAB/CTA+ will accelerate the adoption of these nanoparticle products for medical and surgical applications.  In addition, our GNR products offer many features, supported by our patent-pending technical advances, that will offer benefits to the primary commercial users of gold nanoparticle products, biotech companies, who make gold Nano rod-enabled point-of-care, point-of-use and In-Vitro diagnostic test kit products.”

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About Strem Chemicals, Inc.

Strem Chemicals, Inc., established in 1964, is a privately held manufacturer and marketer of specialty chemicals of high purity. Strem’s key products include catalysts, ligands, organometallics, metal carbonyls and nanomaterials. Its products are used for research and development and commercial scale applications, especially in the pharmaceutical, microelectronics, chemicals and petrochemicals industries. Strem Chemicals also provides custom synthesis, process development and cGMP manufacturing services. For more information, visit www.strem.com.

Contact:

Ashley Bianco
Associate Marketing Specialist
Strem Chemicals, Inc.
Phone: 978-499-1672
abianco@strem.com

About SONA Nanotech Ltd.

Sona Nanotech Ltd. manufacturers the Gemini™ and Omni™ Gold Nanorod (GNR) product lines - the world's first and only CTAB-FREE, bio-friendly GNR products. The technical advances of our patent-pending GNR technology offers researchers and product manufacturers a suite of features and benefits which make our products ideally suited to In-Vivo medical applications and the manufacture of GNR-enabled diagnostic point-of-care, point-of-use, and In-Vitro test products. Sona welcomes collaborating with partners to create shared intellectual property resulting in market leading GNR-enabled products and medical treatment solutions.

Contact:

Dr. Gerrard Marangoni
Chief Executive Officer
SONA Nanotech Ltd.
Phone: (902) 563-1958
gerry@sonanano.com