Brief: Trendlines portfolio company Vensica Medical receives US$2 mln investment

Trendlines

01/10/2017 19:07

Oct 2 (Reuters) - Trendlines Group Ltd  THET.SI  
    * Trendlines portfolio company Vensica Medical receives US$2 
million investment from Cogentix Medical 
    * Cogentix holds option to acquire entire share capital of 
Vensica if business and clinical milestones achieved 
    * Should options to acquire Vensica be excercised, company 
expects to receive net proceeds of about US$2.6 million & net 
gain of about US$1.3 million 
 
Source text for Eikon:  ID:nSN5qhd8q  
Further company coverage:  THET.SI  
 
 ((Bangalore.newsroom@thomsonreuters.com;))