Ynvisible Interactive Advances Collaboration with Sapphiros
News related to:Ynvisible Interactive Inc · 2 min read
Ynvisible Interactive Inc., a company developing ultra-low-power e-paper displays, has announced significant progress in its collaboration with Sapphiros, a consumer diagnostics company. The partnership aims to integrate Ynvisible's technology into Sapphiros' next-generation digital diagnostic tests, with a planned 2027 commercial launch.
According to Ramin Heydarpour, CEO of Ynvisible, the collaboration is advancing through clinical trials, which are expected to be completed in the fourth quarter of 2026. The companies are also working on regulatory, product optimization, and manufacturing scale-up activities. Heydarpour stated, "Our collaboration with Sapphiros continues to make strong progress toward commercialization. With clinical validation advancing and manufacturing scale-up underway, we believe this program is positioned to become one of Ynvisible's most significant high-volume healthcare applications."
The commercialization of this program could lead to high millions of units annually, representing a significant long-term opportunity for Ynvisible.
In other company news, Ynvisible has appointed Inês Paramés as Chief Financial Officer, effective September 1, 2026. Paramés has been with Ynvisible for over four years, taking on progressively broader responsibilities across the company's global finance function. She has most recently directed the company's finances for the past two years and has demonstrated strong financial leadership throughout her tenure. Her deep familiarity with the company's operations and track record of strengthening financial planning, controls, and reporting will be valuable as Ynvisible advances into commercial-scale production with Sapphiros and other key customers.
Darren Urquhart, who has served as Chief Financial Officer since 2018, has stepped down from the role, effective August 31, 2026. Heydarpour expressed gratitude for Urquhart's contributions, stating, "On behalf of Ynvisible, I would like to thank Darren for his invaluable service and contributions over the past eight years. We wish him every success in the future."
Additionally, Ynvisible has announced its decision to adopt semi-annual financial reporting, effective with the third quarter of 2026. The company believes this move will optimize corporate resources and lower administrative and regulatory compliance costs associated with quarterly schedules, allowing management to focus on commercial execution and driving growth.
The transition to semi-annual reporting is part of Ynvisible's ongoing efforts to streamline operations and enhance financial efficiency. The company remains focused on its strategic collaboration with Sapphiros and other key customers, aiming to capitalize on the significant long-term opportunities presented by the partnership.