Brief: Network-1 Expands To Life Sciences Investment
19/12/2018 19:35
Dec 19 (Reuters) - Network-1 Technologies Inc NTIP.A :
* NETWORK-1 EXPANDS TO LIFE SCIENCES INVESTMENT
* NETWORK-1 TECHNOLOGIES INC - AGREED TO MAKE AN INVESTMENT
OF UP
TO $5 MILLION IN ILIAD BIOTECHNOLOGIES, LLC
* NETWORK-1 TECHNOLOGIES INC - AS PART OF FINANCING, COREY
HOROWITZ, CHAIRMAN AND CEO OF NETWORK-1, WILL JOIN ILIAD'S BOARD
* NETWORK-1 TECHNOLOGIES - WILL OWN APPROXIMATELY 9.0% -
11.0% OF
OUTSTANDING MEMBERSHIP UNITS OF ILIAD
Source text for Eikon: ID:nGNX12G4qP
Further company coverage: NTIP.A
((Reuters.Briefs@thomsonreuters.com;))
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