Posted On: 03/17/2015 9:16:33 AM
Post# of 26774
$VTEQ In recent news, VeriTeQ Corp. executed a term sheet for exclusive licensing of its Q Inside Safety Technology in the breast implant market to Establishment Labs, S.A. The licensee will be paying an upfront license fee of $1.75 million in cash, and they will have an option to purchase the technology for $10 million for the next 24 months. More documentation is expected to be published within 90 days.
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