Brief: Medicalgorithmics Signs Deal With Nasdaq-Listed Partner On Technology Cooperation

Medicalgorithmics SA

11/10/2023 06:31

Oct 11 (Reuters) - Medicalgorithmics SA  MDG.WA :
    * SAID ON TUESDAY IT HAS SIGNED A DEAL WITH ONE OF LEADING
NASDAQ-LISTED ENTITIES (PARTNER) ACTIVE IN NON-INVASIVE
DIAGNOSTIC AND CARDIOLOGIC MONITORING INDUSTRY
    * UNDER THE DEAL THE PARTNER TO BE ALLOWED USE OF THE
COMPANY'S
TECHNOLOGY INTEGRATED WITH THE PARTNER'S ECG RECORDER
    * FOLLOWING TASK OUTLINED IN THE DEAL, THE PARTIES MAY ENTER
NEXT
PHASE OF COOPERATION ON JOINT CONDUCTION OF MDR EU CERTIFICATE
AND OBTAINING OTHER PERMISSIONS FOR COMMERCIALISATION OF THE
JOINT TECHNOLOGY
    * UNDER DEAL FOLLOWING OBTAINING MDR EU CERTIFICATE WITHIN
SIX
MONTHS OF APPLICATION, THE COMPANY TO RECEIVE REMUNERATION OF
$250,000

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM6ylSlXa
 Further company coverage:  MDG.WA  

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