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| Home : D. Medical Enters Into a Definitive Agreement for the Sale of its Holdings in its Publicly Held Subsidiary, NextGen Biomed Ltd. |
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Jun 02
2011 |
D. Medical Enters Into a Definitive Agreement for the Sale of its Holdings in its Publicly Held Subsidiary, NextGen Biomed Ltd. |
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TIRAT CARMEL, ISRAEL--(Marketwire - June 1, 2011) - D. Medical Industries Ltd. (NASDAQ:DMED)(TASE:DMED) ("D. Medical" or the "Company"), a medical device company engaged through its subsidiaries in the research, development, manufacture and sale of innovative products for diabetes treatment and drug delivery, announced today that, further to its press release of May 30, 2011, it has now entered into a definitive agreement with a third party for the sale of its holdings in its publicly held subsidiary, NextGen Biomed Ltd. ("NextGen") (the "Transaction"). |
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| Source:http://www.marketwire.com/mw/release.do?id=1521570&sourceType=3 |
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