Brief: Polight Signs Proof-Of-Concept Agreement

Polight ASA

27/06/2022 08:55

June 27 (Reuters) - Polight ASA  PLT.OL :
    * POLIGHT ASA SIGNS A PROOF-OF-CONCEPT AGREEMENT WITH A TOP
TIER
MEDICAL
    * HAS SIGNED AN AGREEMENT TO SUPPORT A PHASED POC ENDOSCOPIC
CAMERA SYSTEM DEVELOPMENT WITH AN UNNAMED TOP TIER MEDICAL
DEVICE CUSTOMER
    * TOTAL FEE VALUE OF THIS POC AGREEMENT IS APPROXIMATELY NOK
1.700.000
    * AGREEMENT IS EXPECTED TO BE RECEIVED ACROSS FOUR PHASES
BETWEEN
Q3 2022 AND 1ST HALF OF 2023

Source text for Eikon:  ID:nObiFSRg3a 
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