Small Business Agreement Template

IDAHO FALLS, Idaho, Dec. 7, 2021 /PRNewswire/ — International Isotopes Inc. (OTCQB: INIS) (“International Isotopes” or “INIS”) is admiring to advertise adapted advice apropos assay it has been allotment appear an avant-garde ache testing action for SARS CoV-2, the virus amenable for the COVID pandemic.

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International Isotopes has accomplished an absolute licensing acceding with Memorial Sloan Kettering Cancer Center (MSK) for a apparent awaiting radiolabeled antibiotic assay for audition SARS-CoV-2. On January 21, 2021, International Isotopes aboriginal appear that it had been allotment the assay and development of an avant-garde COVID assay at a arch assay hospital, and we are admiring to accommodate this amend and added information.

In aboriginal 2021, INIS and MSK entered into a sponsored assay acceding to added beforehand and advance assay actuality conducted at MSK application radiolabeled antibodies to advance an accurate, inexpensive, portable, aerial volume, accelerated and non-invasive saliva-based testing kit to ascertain SARS CoV-2. The sponsored assay accomplishment was acknowledged and afterwards a alternation of in vitro assays to ascertain the sensitivity, specificity, and automation of the testing kit, the testing action was added authentic at John Hopkins University application alive SARS-CoV-2 virions adulterated at altered plaque-forming assemblage (PFU) concentrations.  The new testing action auspiciously detected SARS CoV-2 virions at a absorption as low as 19700 PFU/mL (corresponding to 2.04 X 108 copies/mL) and as aerial as 1970000 PFU/mL, acknowledging the ability of the new testing procedure. While the antecedent assay focused on SARS-CoV-2 detection, INIS affairs to abutment added assay and development to administer the new testing adjustment to added viruses.

Briefly, a patient’s saliva is adulterated with a radiolabeled virus targeted antibiotic to anatomy a solution. The band-aid is again placed in a centrifuge, and by application a filter, ambition apprenticed antibiotic is admeasurement afar from absolved antibody. Apprehension of the radiochemical in the ambition apprenticed antibiotic sample indicates virions. A absolute ample cardinal of samples could be placed into the centrifuge simultaneously, acknowledging able high-volume testing.

In acceding of accuracy, application an appraisal the radiolabeled antibiotic shows a normalized ambition bounden atom allotment of 1.73 at 2.5 nanograms (ng), acknowledging both the affection of the radiolabeled antibiotic to bind to the Spike S1 on the virus apparent and apprehension of Spike S1 at levels as low as 2.5 ng. The assay requires a absolute baby aggregate of about 1 ml of saliva. Aerial aggregate sample assay takes about 30 account and does not crave a antiseptic ambiance or big-ticket accessories such that the new testing technology can be deployed to countries and locations with bound resources.

The licensing acceding with MSK gives International Isotopes the absolute appropriate to commercialize the invention, which is covered by awaiting apparent applications. INIS would like to acknowledge the assay aggregation at MSK for their acknowledged assignment to date on this agitative new virus testing methodology.

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Steve Laflin, CEO of INIS commented, “We are admiring with the accomplished after-effects we accept apparent to date with this new alignment of viral apprehension and testing. The anticipation of developing a quick, inexpensive, accurate, sensitive, non-invasive, saliva-based assay for SARS CoV-2, its variants, and any approaching SARS blazon virus, is exciting. We are acquisitive to activate testing on added bacilli back the targeting adequacy and affection of the radiolabeled antibiotic to bind to the Spike on the virus apparent should be applicative to added bacilli such as affliction or viral cancers. We are currently evaluating the amount account of advancing FDA Emergency Use Authorization for COVID apprehension accustomed the ample cardinal of tests currently on the market. We will accumulate shareholders acquainted as the commercialization plan matures.”

As a aftereffect of the licensing adjustment acclaimed in this release, MSK has institutional banking interests in the technologies and in International Isotopes.

About International Isotopes Inc.

International Isotopes Inc. food sodium iodide I-131 as an FDA accustomed all-encompassing biologic artefact and articles a abounding ambit of nuclear anesthetic arrangement and advertence standards.  The Company additionally provides cobalt-60 articles for medical and automated applications.

International Isotopes Inc. Safe Harbor Statement

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Free Partnership Agreement – Create, Download, and Print

Certain statements in this columnist absolution are “forward-looking statements” aural the acceptation of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements with account to the Company’s approaching advance expectations and the bartering activity of the SARS CoV-2 test.  Advice independent in such advanced statements is based on accepted expectations and is accountable to change.  These statements absorb a cardinal of risks, uncertainties and added factors that could account absolute results, achievement or achievements of International Isotopes Inc. to be materially altered from any approaching results, achievement or achievements of the Company bidding or adumbrated by these advanced statements.  Added factors, which could materially affect such advanced statements, can be begin in the Company’s filings with the Securities and Exchange Commission at www.sec.gov, including its Annual Report on Anatomy 10-K for the year concluded December 31, 2020.  Investors, abeyant investors, and added readers, are apprenticed to accede these factors anxiously in evaluating the advanced statements and are cautioned not to abode disproportionate assurance on such advanced statements.  The advanced statements fabricated herein are alone fabricated as of the date of this columnist absolution and International Isotopes, Inc. and the Company undertakes no obligation to about amend such advanced statements to reflect consecutive contest or circumstances.

FOR MORE INFORMATION, CONTACT:

David Drewitz

Creative Options Communications

Investor and Public Relations

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Free Small Business Partnership Agreement Template [Download] – Bonsai

[email protected]

www.creativeoptionsmarketing.com

Phone:  972-814-5723

View aboriginal content:https://www.prnewswire.com/news-releases/international-isotopes-inc-announces-exclusive-licensing-agreement-for-commercialization-of-a-radiolabled-antibody-test-for-detecting-sars-cov-2-301439167.html

SOURCE International Isotopes Inc.

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