To Purchase Elutia's Orthobiologics Business For $15 Million In Advance, With Additional Royalties Of Up To $20 Million Over Next 5 Years

GNI

19/09/2023 08:06

Sept 19 (Reuters) - GNI Group Ltd  2160.T :
    * GNI GROUP LTD - TO PURCHASE ELUTIA'S ORTHOBIOLOGICS
BUSINESS FOR
$15 MILLION IN ADVANCE, WITH ADDITIONAL ROYALTIES OF UP TO $20
MILLION OVER NEXT 5 YEARS

Source text for Eikon:  ID:nTSus87b3b 
Further company coverage:  2160.T