In a move designed to provide financial flexibility for its growth strategy, Salt Lake City-based SINTX Technologies Inc. has sold its wholly owned subsidiary Technology Assessment and Transfer (TA&T) to Tethon Corp. of Omaha, Nebraska. Tethon Corp. does business as Tethon 3D in the ceramic additive manufacturing sector.
“This transaction marks a significant step in SINTX’s ongoing transformation, allowing the company to sharpen its focus on high-growth opportunities in the medical device sector while improving its financial position and operational efficiency,” SINTX, a maker of advanced ceramics for medical applications, said in a statement.
SINTX said the divestment aligns with its strategy to Please log in to see the rest of this story.
