Brief: Purapharm Corp Says Unit To Sell Assets To Bagi Research For HK$12.5 Mln

PuraPharm

09/10/2020 02:06

Oct 9 (Reuters) - PuraPharm Corp Ltd  1498.HK :
    * UNIT TO SELL ASSETS TO  BAGI RESEARCH FOR  HK$12.5 MILLION
    * ASSETS INCLUDE TECHNOLOGY AND INTELLECTUAL PROPERTY
CONTRACTS
    * ESTIMATED THAT A GAIN OF ABOUT HK$12.5 MILLION WILL BE
RECORDED
FOR GROUP
    * BAGI TO ENGAGE PURAPHARM NANNING OR MEMBER OF GROUP TO
PROVIDE
SERVICES, ASSISTANCE & SUPPORTS IN RELATION TO CLINICAL TRIALS

Source text for Eikon:  ID:nHKS5JRtJH 
Further company coverage:  1498.HK 

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