Brief: Paxman And University Of Huddersfield Invest SEK 12 Mln Over 5 Years

Paxman AB (publ)

25/02/2019 14:32

Feb 25 (Reuters) - Paxman AB (publ)  PAX.ST :
    * PAXMAN AND UNIVERSITY OF HUDDERSFIELD INVEST 12 MSEK OVER
5
YEARS INTO WORLD'S FIRST SCALP COOLING RESEARCH AND DEVELOPMENT
CENTRE
    * PAXMAN AND UNIVERSITY OF HUDDERSFIELD HAVE SIGNED A
FIVE-YEAR
RESEARCH AND COLLABORATION AGREEMENT
    * 12 MSEK (1 MILLION GBP) INVESTMENT IN CASH
    * PAXMAN - CO'S INVESTMENT DURING FIRST YEAR WILL BE COVERED
BY A
PARTLY EU-FINANCED GRANT OF 1.2 MSEK
    * PAXMAN - CO'S INVESTMENT DURING FOLLOWING FOUR YEARS WILL
BE
INCLUDED AS A PART OF COMPANY'S EXISTING RESEARCH AND
DEVELOPMENT BUDGET
    * PAXMAN - 12 MSEK INVESTMENT IN CASH, STAFFING AND OTHER
RESOURCES DURING FIRST 5 YEARS WILL BE JOINTLY FUNDED BY PAXMAN
AND UNIVERSITY OF HUDDERSFIELD

Source text for Eikon:  ID:nWkr4W9Vkv 
Further company coverage:  PAX.ST 

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