Brief: Lifecare Signs LoI With Innovationspark Mainz GmbH & Co KG

Lifecare ASA

14/09/2022 07:06

Sept 14 (Reuters) - Lifecare AS  LIFEA.OL :
    * LIFECARE SIGNS LETTER OF INTENT - PRODUCTION LOCATION IN
MAINZ
    * HAS SIGNED A LETTER OF INTENT (LOI) WITH INNOVATIONSPARK
MAINZ
GMBH & CO KG (IVP)
    * ON THIS BASIS LIFECARE AND IVP WILL INITIATE AN INTENSIVE
JOINT
DEVELOPMENT OF A NEW LIFECARE MANUFACTURING LOCATION IN MAINZ
(GERMANY), WITH AN OPTIMIZED INFRASTRUCTURE FOR
SENSOR-PRODUCTION
    * IN ADDITION TO PRODUCTION, LIFECARE INTENDS TO INTEGRATE
AND
CO-LOCATE EXISTING DEVELOPMENT UNITS LIFECARE LABORATORY AND
LIFECARE NANOBIOSENSORS AT SAME LOCATION
    * LIFECARE AND IVP WILL WORK TOGETHER TO OPTIMIZE SPACE
PLANNING
FOR PRODUCTION, LABORATORY AND OFFICE SPACES OVER NEXT THREE
MONTHS AND IVP HOPE TO SUBMIT BUILDING APPLICATION AND AGREE ON
A LONG- TERM LEASING AGREEMENT BY END OF 2022
    * NEW PROPERTY WILL BE HANDED OVER TO LIFECARE IN 2024

Source text for Eikon:  ID:nObiZ4LJva 
Further company coverage:  LIFEA.OL 

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