on Zentek Ltd. (NASDAQ:ZTEK)
Zentek Withdraws PMRA Submission for ZenGUARD™ Enhanced Air Filters
Zentek Ltd., a company specializing in intellectual property development and commercialization, has announced its decision to withdraw the submission for its ZenGUARD™ Enhanced Air Filters from Health Canada's Pest Management Regulatory Agency (PMRA). This strategic move comes after feedback from PMRA and ongoing analysis of the Canadian regulatory environment. Zentek intends to explore alternative, cost-effective pathways to introduce ZenGUARD™ filters to the Canadian market. This pivot aligns with the company's aim to swiftly generate value for stakeholders.
Greg Fenton, CEO of Zentek, highlighted the importance of timely market entry to combat climate change and reduce emissions linked to building operations. ZenGUARD™ air filters can control infectious aerosols without significantly raising energy consumption. Zentek remains committed to bringing these innovative filters to not only Canada but a global market. Their production facility is based in Guelph, Ontario.
R. P.
Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Zentek Ltd. news