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Home : DiaMedica Announces the Sale and Transfer of its DM-71 Product for Type 2 Diabetes
Dec 02
2016

DiaMedica Announces the Sale and Transfer of its DM-71 Product for Type 2 Diabetes

MINNEAPOLIS, MINNESOTA--(Marketwired - Dec. 1, 2016) - DiaMedica Inc. (the "Company") (TSX VENTURE:DMA)(OTCQB:DMCAF) today announced the sale and transfer of its DM-71 product and related intellectual property. The sale of this non-core asset provides DiaMedica with a total of $300,000 in upfront payments, of which $50,000 had been previously received, and a royalty stream linked to future sales.
Source:http://www.marketwired.com/mw/release.do?id=2179988&sourceType=3
 
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