Brief: Myomo Amends China Joint Venture Agreement, Executes Technology And Trademark License Agreement

MYOMO

05/01/2022 21:14

Jan 5 (Reuters) - Myomo Inc  MYO.A :
    * MYOMO AMENDS CHINA JOINT VENTURE AGREEMENT, EXECUTES
TECHNOLOGY
AND TRADEMARK LICENSE AGREEMENT
    * MYOMO INC - RECEIPT OF FULL LICENSE FEE AND TECHNOLOGY
TRANSFER
EXPECTED TO BEGIN BEFORE MARCH 31, 2022
    * MYOMO - ANNOUNCES ENTRY INTO AMENDED JV AGREEMENT WITH
BEIJING
RYZUR MEDICAL INVESTMENT & WUXI CHINALEAF REHABILITATION
INDUSTRY EQUITY INVESTMENT FUND
    * MYOMO - ANNOUNCES SIGNING OF TECHNOLOGY LICENSE AGREEMENT
&
TRADEMARK LICENSE AGREEMENT WITH JIANGXI MYOMO MEDICAL ASSISTIVE
APPLIANCE CO., LTD.
    * MYOMO INC - UNDER AMENDED JV AGREEMENT, MYOMO WILL
CONTINUE TO
OWN A 19.9% STAKE IN JV COMPANY
    * MYOMO INC - UNDER AMENDED JV AGREEMENT RYZUR MEDICAL WILL
HAVE A
65.1% OWNERSHIP STAKE AND CHINALEAF 15% IN JV CO

Source text for Eikon:  ID:nBw6dmlMGa 
Further company coverage:  MYO.A 

 ((Reuters.Briefs@thomsonreuters.com;))