Brief: China Grand Pharmaceutical And Healthcare Says Group And Fastwave Medical Inc Entered Agreements
02/08/2021 14:13
Aug 2 (Reuters) - China Grand Pharmaceutical and Healthcare
Holdings Ltd 0512.HK :
* GROUP AND FASTWAVE MEDICAL INC ENTERED INTO SERIES OF
INVESTMENT
AND STRATEGIC COOPERATION AGREEMENTS
* WILL ACQUIRE 100% EQUITY OF FASTWAVE WITH UP TO TOTAL
USD72
MILLION BY PHASES
* WILL INVEST UP TO US$8 MILLION FOR DEVELOPING MEDICAL
DEVICE TO
TREAT MODERATE-SEVERE ARTERIAL CALCIFICATION
Source text for Eikon: ID:nHKS5m2sd1
Further company coverage: 0512.HK
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