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News: OSX Osteopore Says MoU With Temasek-Linked Innoventures Orthopaedics In China

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    12/09/23
    11:35
    Post #: 69824211

    Sept 12 (Reuters) - Osteopore (OSX) :

    • MOU WITH TEMASEK-LINKED INNOVENTURES ORTHOPAEDICS IN CHINA
    • TO ENTER JOINT VENTURE AGREEMENT AIMED AT COMMERCIALISING OSTEOPORE'S ORTHOPAEDIC PRODUCTS IN CHINA
    • WILL PROVIDE INNOVENTURES WITH EXCLUSIVE ROYALTY-FREE LICENSE FOR SPECIFIC INTELLECTUAL PROPERTY IN RETURN FOR 30% EQUITY IN JV
    • INNOVENTURES IDENTIFIED PROSPECTIVE INVESTOR WHO HAS EXPRESSED INTEREST IN PARTICIPATING IN THIS JV
    • CO AND INNOVENTURES WILL NOW MOVE TOWARDS EXECUTING DEFINITIVE AGREEMENT PERTAINING TO JV BY 30 NOV
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