Salona Global Medical Device Corporation (“Salona Global,” “SGMD,” or the “Company”) (TSXV:SGMD) has executed a definitive asset purchase agreement (the “Asset Purchase Agreement”) to acquire the physical medicine assets (the “Acquired Assets”) of Biodex Medical Systems, Inc. (“Biodex”). A global brand in physical therapy clinics, Biodex offers high tech medical devices to improve patients’ mobility, balance and strength. The acquisition would build upon SGMD’s strategy to create a fully integrated global medical device company as well as adding a well-known global brand of devices to the Company.
Read the full article: Salona Global Executes Binding Agreement to Acquire the Physical Medicine Assets of Biodex Medical Systems, Inc. //
Source: https://www.globenewswire.com/news-release/2022/11/29/2564369/0/en/Salona-Global-Executes-Binding-Agreement-to-Acquire-the-Physical-Medicine-Assets-of-Biodex-Medical-Systems-Inc.html