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Article: Asahi deal spurs Optiscan.
- Article from:
- Australasian Business Intelligence
- Article date:
- February 8, 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 9, 2002 (The Age
ABIX via COMTEX) -- Shares in Australian medical imaging group, Optiscan, closed 16 per cent higher on 8 February 2002. After reaching $A1.60, the stock eventually closed at $A1.44. The boost came after the announcement of a $A20 million commercialisation deal between Optiscan and Asahi Optical of Japan. The agreement gives Asahi, better known under the Pentax name, access to the Melbourne-based company's flexible conofocal edoscopy technology. Asahi will also take a placement of 3.33 million shares in Optiscan.
OPTISCAN IMAGING LIMITED - ASX OIL: ASAHI OPTICAL: ASAHI AND COMPANY
By Eli Greenblat
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