Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Mobile screen protector company, Nanoveu (NVU) is up over 230 per cent on the market this morning after receiving positive results for its anti-viral smartphone case and screen protector
  • The antimicrobial technology was proved to be effective against a coronavirus strain found in mice through a laboratory test
  • During testing, 90 per cent of the coronavirus particles placed on the smartphone screen and cover were eliminated within 10 minutes
  • The analysis was undertaken by the Department of Microbiology and Immunology in Singapore
  • Nanoveu is aiming to have the products available by the third quarter of 2020
  • Additional testing is currently ongoing at a laboratory in the United States, and Nanoveu will update the market once it has these results
  • Nanoveu is up 237 per cent on the market this morning, selling shares for 15.5 cents each

Mobile screen protector company, Nanoveu (NVU) has received positive testing results for its anti-viral smartphone case and screen protector.

Smartphones are germ magnets, and bacteria that latch on can potentially live on your phone’s screen for days.

An independent analysis of Nanoveu’s anti-viral smartphone screen and case was undertaken by the Department of Microbiology and Immunology at the Yong Loo Lin School of Medicine in Singapore.

The antimicrobial technology proved to be effective against a coronavirus strain found in mice, known as MHV-A59. During testing, 90 per cent of the coronavirus particles placed on the smartphone screen and cover were eliminated within 10 minutes.

Nanoveu is aiming to have both anti-viral products available by the third quarter of 2020.

“The Nanoveu technology is poised to revolutionise safety for all mobile phone users and the results from the National University of Singapore further validates our inherent value proposition as a timely product in today’s evolving world impacted by the COVID-19 Pandemic,” CEO Alfred Chong said.

“We are thrilled to be able to demonstrate, via a highly reputable research institute, that Nanoveu’s phone protection technology can reduce active coronavirus particles by a factor of 10 in just 10 minutes,” he added.

Antiviral case prototype. Sourced from Nanoveu.

Types of coronavirus

There are four genera of coronavirus; the Alpha, Beta, Delta, and Gamma families.

The MHV-A59 strand is a type of Betacoronavirus. Betacoronaviruses are single-stranded RNA viruses, which come from animals and are typically associated with respiratory illness. For example, SARS, MERS, and COVID-19 are all forms of betacoronavirus.

What’s next?

Additional testing is currently ongoing at a laboratory in the United States, and Nanoveu will update the market once it has these results.

The company is expecting to also test its technology against coronavirus OC43, which is a Betacoronavirus, and is a known cause of the common cold.

Nanoveu is up 237 per cent on the market this morning, selling shares for 15.5 cents each at 11:19 am AEST.

NVU by the numbers
More From The Market Herald
Spectur (ASX:SP3) - Managing Director, Gerard Dyson

" Spectur (ASX:SP3) raises $1.15m in SPP

Spectur (ASX:SP3) has raised $1.15 million through a security purchase plan (SPP) and shortfall offer.
The Market Herald Video

" Zimi (ASX:ZMM) taps investors for $1.5m to fund growth

Internet of Things company, Zimi (ASX:ZMM) has tapped investors for $1.5 million to accelerate sales and…
The Market Herald Video

" DXN (ASX:DXN) to sell all assets and subsidiaries for $26m

DXN (ASX:DXN) has planned to sell all business assets and subsidiaries to Flow2Edge Australia for about…
The Market Herald Video

" LiveTiles (ASX:LVT) to delist from the ASX

Emerging from a trading halt, LiveTiles (ASX:LVT) today confirmed it had submitted a formal request to…