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Article: Optiscan & Pentax announce Joint Venture.
- Article from:
- Australasian Business Intelligence
- Article date:
- February 7, 2002
CopyrightCOPYRIGHT 2002 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Feb 8, 2002 (Australian Stock Exchange Announcements
ABIX via COMTEX) -- Australian medical equipment and apparatus company, Optiscan Imaging has entered into a strategic agreement with Asahi Optical. The latter firm, which is based in Japan, is a large medical instruments company and is also involved in various optical products such as cameras and videos. The agreement between the two firms, which is initially worth $A20 million, will see them collaborate on the development of various flexible endoscope products. Part of the agreement involves Asahi Optical acquiring 3.3 million shares in Optiscan Imaging at $US1.00 per share. As well as the $A20 million, ...