Welcome to our dedicated page for Ainos news (Ticker: AIMD), a resource for investors and traders seeking the latest updates and insights on Ainos stock.
Ainos, Inc. (NASDAQ: AIMD) is a dual-platform AI and biotech company whose news flow is centered on its AI Nose SmellTech platform and related AI infrastructure, alongside development of its low-dose oral interferon candidate, VELDONA. Company updates frequently highlight progress in digitizing scent into Smell ID, expanding industrial deployments, and advancing its Smell Language Model (SLM) through its subsidiary ScentAI Inc.
On this page, readers can follow AIMD news related to industrial partnerships, commercialization milestones, and strategic agreements. Recent announcements have covered distribution and deployment partnerships in semiconductor front-end manufacturing, collaborations with industrial computing and edge AI providers, and expansion of AI Nose pilots across smart factories, robotics, and healthcare environments. Ainos also issues press releases on its GICS reclassification into the technology sector, intellectual property additions, and SmellTech-as-a-Service contracts.
Investors and observers can expect news items on topics such as multi-year SmellTech-as-a-Service agreements, pilot deployments in senior care and robotics, new patents for AI Nose and digital olfaction, and updates on the company’s platform strategy to separate sensing hardware (Ainos) from AI intelligence (ScentAI). Financial result releases and associated commentary provide additional context on research and development priorities and commercialization roadmaps.
By monitoring this news feed, users gain a consolidated view of how Ainos is building its SmellTech ecosystem across semiconductors, industrial automation, robotics, and healthcare, while continuing to develop its VELDONA oral interferon program. Bookmark this page for ongoing coverage of AIMD press releases, partnership announcements, and regulatory communications.
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Ainos, a diversified medtech company, reported a remarkable 3,832% year-over-year increase in revenues, reaching US$1,038,025 in Q4 2022. The gross profit also surged by 2,668% to US$459,815, yielding a gross margin of 44.3%. For the full year, revenues increased 492% to US$3,519,627 driven by strong sales of COVID-19 antigen self-test kits. However, the company incurred a net loss of US$14,006,690 for 2022. Ainos signed MoUs with partners to expand its VELDONA® product line and secured US$3 million in a convertible note placement, enhancing its capital base for further development.
Ainos, Inc. (NASDAQ:AIMD, AIMDW) has signed a distribution agreement with Topmed International Biotech Co., Ltd. for the exclusive distribution of VELDONA®, a low-dose oral interferon-alpha product for pets, in Taiwan. Launch is expected in Q3 2023. This move taps into the growing pet ownership market in Taiwan, where one in four families has pets. VELDONA® aims to improve the health of cats and dogs suffering from diseases such as feline chronic gingivostomatitis and canine atopic dermatitis. The global pet dental health and canine atopic dermatitis markets are projected to grow significantly, providing a strong market opportunity for VELDONA®.
Ainos, Inc. (NASDAQ:AIMD, AIMDW) has signed a Memorandum of Understanding with Merdury Biopharmaceutical Corp. to advance the commercialization of its VELDONA® low-dose interferon treatment. This partnership aims to explore Merdury's potential investment in a Phase 3 clinical trial targeting oral warts in HIV-positive patients. The agreement includes evaluating Merdury's drug development platform and collaborative efforts to identify additional partners for Ainos' drug candidates. Ainos seeks to enhance manufacturing processes and broaden its product portfolio through this strategic alliance, with a focus on delivering value to shareholders.
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