Brief: Dotz Nano Says It Entered Collaboration Agreement With Theracell Labs

Dotz Nano

12/04/2022 02:24

April 12 (Reuters) - Dotz Nano Ltd  DTZ.AX :
    * ENTERED COLLABORATION AGREEMENT FOR CO-DEVELOPMENT, SUPPLY
AND
LICENSING WITH THERACELL LABS
    * UNDER DEAL, THERACELL LABS COMMITTED TO A MINIMUM PURCHASE
ORDER
OF US$5 MLN IN FIRST YEAR FROM CO
    * THERACELL LABS HAS COMMITTED TO PURCHASE ORDER OF
DOTZ-TAGGED
DISPOSABLE BIOPROCESSING CONSUMABLES
    * ON SUCCESSFUL DEVELOPMENT OF PRODUCT, THERACELL LABS
REQUIRED TO
PAY DOTZ 5% OF NET REVENUE FROM SALE OF PRODUCT


Source text for Eikon:  ID:nASX7CKHys 
Further company coverage:  DTZ.AX 

 ((Reuters.Briefs@thomsonreuters.com;))