OIL 0.00% 20.5¢ optiscan imaging limited

Tiresias on Competitive Tension, page-3

  1. 660 Posts.
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    I think you should read the announcement again.

    By Optiscan "Mayo Clinic will take a financial interest in Optiscan technology".
    By Mayo Clinic " Mayo Clinic has a financial interest in the tecnology referenced in this announcement. Mayo Clinic will use any revenue it receives to support its not-for-profit mission in patient care, education and research."

    I don't believe your interpretation is necessarily correct:

    " It is not surprising that Mayo Clinic has indicated that it will take equity in Optiscan as part of this collaboration."

    It sounds to me more like a jointly funded venture in the technology including operative procedures developed by Mayo.


 
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