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Sona Nanotech advances rapid COVID-19 antigen test

August 25, 2020

Thinly traded Sona Nanotech (OTCQB:SNANF +8.2%) is in the green, albeit on turnover of only 10K shares, on the heels of its announcement of performance data on its rapid COVID-19 antigen test.

Based on a bank of 99 patient samples previously analyzed by real-time polymerase chain reaction (RT-PCR) molecular tests, Sona’s assay showed 84.6% sensitivity (detecting true positives) and 90.0% specificity (detecting true negatives).

Applications are in process in Canada and the U.S. seeking emergency use authorizations during the pandemic.

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