Brief: Beyond Air Enters Definitive Agreement To Sell Its NeuroNOS Stake To UNIVO Pharmaceutical Industries In Exchange For Equity And Milestone Payments
BRIEF-Beyond Air Enters Definitive Agreement To Sell Its NeuroNOS Stake To UNIVO Pharmaceutical Industries In Exchange For Equity And Milestone Payments Aug 25 (Reuters) - Beyond Air Inc XAIR.O:
BEYOND AIR ENTERS DEFINITIVE AGREEMENT TO SELL ITS NEURONOS STAKE TO UNIVO PHARMACEUTICAL INDUSTRIES IN EXCHANGE FOR EQUITY AND MILESTONE PAYMENTS
BEYOND AIR - TO RECEIVE 19.99% OF UNIVO SHARE CAPITAL UPON CLOSING
BEYOND AIR - ELIGIBLE FOR UP TO $32.50 MILLION IN MILESTONE PAYMENTS
BEYOND AIR - TO TRANSFER IP TO NEURONOS FOR UP TO $6.50 MILLION DEVELOPMENT MILESTONES
BEYOND AIR - ELIGIBLE FOR UP TO $26 MILLION IN COMMERCIAL MILESTONE PAYMENTS
Source text: ID:nGNXty1JV
Further company coverage: XAIR.O
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