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
