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Bionik acquires robotics firm IMT for $24.6mm in stock
14 Sep 2020
Executive Summary
Canadian Bionik Laboratories Corp. (formerly Drywave Technologies; trades on the OCTBB) acquired fellow robotic neurorehabilitation device company Interactive Motion Technologies Inc., known for its therapy systems to aid patients with restricted physical mobility due to neurological disorders such as stroke, cerebral palsy, spinal cord injury, multiple sclerosis, and Parkinson's disease.
Deal Industry
- Medical Devices
-
Medical Devices
- Rehabilitation Equipment and Devices
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Includes Contract
- Payment Includes Stock
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Bionik acquires robotics firm IMT for $24.6mm in stock
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