Brief: Emvision Medical Devices And Australian Stroke Alliance Signed Binding Project Agreement
16/09/2021 01:06
Sept 16 (Reuters) - EMvision Medical Devices Ltd EMV.AX :
* EMVISION AND AUSTRALIAN STROKE ALLIANCE LIMITED HAVE
SIGNED A
BINDING PROJECT AGREEMENT
* AGREEMENT ENABLES EMVISION TO ACCESS A$8 MILLION IN
NON-DILUTIVE
STAGED CASH FUNDING
* AUSTRALIAN STROKE ALLIANCE HAS BEEN AWARDED A$40 MILLION
THROUGH
FRONTIER HEALTH AND MEDICAL RESEARCH INITIATIVE
* FOR FUNDING AND CLINICAL EXPERTISE PROVIDED CO TO PAY ASA
A
ROYALTY OF 2% OF NET SALES IN SPECIFIC, LIMITED SCENARIOS
Source text for Eikon: ID:nASX72FyXH
Further company coverage: EMV.AX
((Reuters.Briefs@thomsonreuters.com;))
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