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Synbio International (OTC: SYIN) executed a Share Purchase Agreement and Warrant Agreement with FacialDx on Oct 8, 2025, acquiring 100,000 Class A shares and committing US$200,000 across four tranches over 12 months. Synbio also retains the right to convert up to US$2.5M of future clinical trial expenditures into FacialDx equity at today’s valuation. FacialDx received a warrant to buy 30,000,000 Synbio shares at $0.001 per share exercisable upon FDA approval. A Joint Trial Oversight Committee will govern clinical design and reporting to support FDA submission and commercialization.
Synbio International (OTC: SYIN) has appointed Ms. Desiree Cain, CPA, MBA as Chief Financial Officer and Board Member, effective immediately. Ms. Cain brings over 25 years of experience in corporate finance, accounting, and strategic growth management.
As CFO, she will lead financial operations, including accounting, reporting, and compliance with SEC and OTC Markets requirements. Her role will focus on developing governance frameworks and risk management strategies to align with public company best practices.
Synbio International Inc. (SYIN) has secured rights to conduct clinical trials for an innovative AI-powered depression screening technology called NIMS (Non-invasive Mental Screening). The technology, developed by FacialDx Inc., analyzes facial features through mobile or desktop devices to detect depressive symptoms.
The clinical trials will begin with a retrospective feasibility study, followed by a larger prospective validation trial if successful. NIMS utilizes advanced AI and machine learning algorithms to provide instant, cost-effective screening results, built on over 40 years of research by Dr. Todd Frisch.
The commercial strategy includes:
- Integration into clinical settings for medical practitioners
- Corporate partnerships in aviation, law enforcement, and emergency services
- Potential direct-to-consumer applications
With the U.S. medical device market projected to reach $6.45 billion by 2029, NIMS aims to revolutionize mental health screening by providing objective, data-driven analysis to complement traditional diagnostic methods.