Brief: ASBISc Enterprises To Buy 16% Stake In Cyprus-Based Promed Bioscience

ASBISc Enterprises

09/11/2022 08:00

Nov 9 (Reuters) - ASBISc Enterprises PLC  ASBP.WA :
    * SIGNS DEAL ON PURCHASE OF 16% STAKE IN PROMED BIOSCIENCE,
CYPRUS
    * DEAL PRICE SET AT EUR 0.8 MILLION
    * PROMED BIOSCIENCE IS A BIOTECH COMPANY FOUNDED IN 2017
WHICH
PRODUCES BIOMATERIALS ON BASE OF COLAGEN
    * COMPANY USED OWN FUNDING TO SECURE PURCHASE OF SAID STAKE

Source text for Eikon:  ID:nEM7nmCYza 
Further company coverage:  ASBP.WA 
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