Brief: Navamedic Has Entered Into Agreement With Observe Medical To Reduce Loan Receivable By 50%

Observe Medical ASA

10/04/2025 07:52

April 10 (Reuters) - Navamedic ASA NAVA.OL:

NAVAMEDIC HAS ENTERED INTO AN AGREEMENT IN PRINCIPLE WITH OBSERVE MEDICAL ASA TO REDUCE THE LOAN RECEIVABLE BY 50%

WILL FURTHER HAVE POSSIBILITY OF RECEIVING MILESTONE PAYMENTS UP TO 20MNOK

WILL HAVE OPTION OF RECEIVING MILESTONE PAYMENTS UP TO 20MNOK BASED ON OBSERVE MEDICAL ACHIEVING CERTAIN SALES LEVELS OF SIPPI

Source text: ID:nWkr1CHGcm

Further company coverage: NAVA.OL

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