SINT .... SINTX Technologies Divests TA&T To Focus On Medical Devices
(RTTNews) - SINTX Technologies, Inc. (SINT), a US-based advanced medical ceramics company Thursday, has sold its wholly-owned subsidiary, Technology Assessment and Transfer (TA&T), to Tethon Corporation, operating as Tethon 3D. This strategic move enables SINTX to strengthen its financial position, enhance operational efficiency, and concentrate on high-growth opportunities within the medical device industry.
SINTX is refining its focus on bioceramic innovations for medical implants by divesting TA&T. This move enhances financial stability, cutting liabilities by $750,000 and annual costs by $1.7 million, while driving healthcare advancements.