June 17, 2024, ST. PETERSBURG, FL – Water Tower Research (www.watertowerresearch.com) has published an Initiation of Coverage Report on Ainos, Inc. (NASDAQ: AIMD) titled, “Initiating Coverage: AI Nose for Better Point-of-Care Testing” The report can be accessed here.
Ainos is a diversified medtech and biopharma company, developing medical diagnostics for point-of-care testing (POCT) devices, an IFN-α therapeutic (VELDONA) for infectious and autoimmune diseases, and synthetic RNA (SRNA) technology for vaccines and rapid tests. The POCT platform focuses on Anios’ AI Nose technology, which enables portable, non-invasive, telehealth-friendly POCT diagnostics that detect volatile organic compounds (VOCs), with an AI-powered algorithm to identify infections and other health disorders. The lead AI Nose product in development is Ainos Flora for women’s health and detection of common STIs. Pipeline drug VELDONA has reached Phase 2/3 trials for multiple indications, with Ainos prioritizing oral warts in HIV+ patients and Sjogren’s syndrome for further development. In addition, Ainos is capitalizing on the growing animal health market by first commercializing a line of pet supplements in Taiwan and moving forward with a clinical study for cat FCGS.
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