NAVCO Pharmaceuticals Inc (TSE:NAV) has released an update.
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Navco Pharmaceuticals Inc. is set to introduce a new antimicrobial product line, including sprays and creams, aimed at combating the spread of bacteria, fungi, and infectious diseases without promoting bacterial resistance. Capitalizing on the rising global antibacterial market, projected to expand at a CAGR of 5.75% from 2024 to 2033, the company’s innovative nanoparticle-based products represent a significant stride in enhancing consumer and medical hygiene. CEO Geoff Lee expresses confidence in the potential of these long-developed nano-products to transform infection control and uphold public health.
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