Brief: Spectral Medical Announces Strategic Joint Venture With Infomed To Accelerate Commercialization Of Dialysis Devices
13/12/2022 15:39
Dec 13 (Reuters) - Spectral Medical Inc EDT.TO :
* SPECTRAL MEDICAL ANNOUNCES STRATEGIC JOINT VENTURE WITH
INFOMED
TO ACCELERATE COMMERCIALIZATION OF DIMI AND SAMI DIALYSIS
DEVICES
* SPECTRAL MEDICAL INC - TRANSACTION EXPECTED TO REDUCE
SPECTRAL'S
CASH BURN BY OVER $3 MILLION ANNUALLY
* SPECTRAL MEDICAL INC - SPECTRAL AND INFOMED TO OWN 30% AND
70%
OF JOINT VENTURE, RESPECTIVELY
Source text for Eikon: ID:nGNX8l3Cfx
Further company coverage: EDT.TO
((Reuters.Briefs@thomsonreuters.com;))
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