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Home : MedX Health Corp. Closes 2015 With Positive Sales and Eliminates 10% Royalty Obligation
Jan 08
2016

MedX Health Corp. Closes 2015 With Positive Sales and Eliminates 10% Royalty Obligation

MISSISSAUGA, ON--(Marketwired - January 07, 2016) - MedX Health Corp. ("MedX" or the "Company") (TSX VENTURE: MDX), a leading medical device company, announced it has completed a transaction that eliminates the 10% royalty obligation which was paid to the previous owner of its SIAscopy technology. To complete this transaction, MedX made a one-time payment of US$200,000 which was financed by a loan from a party related to its pharmacy channel partner.
Source:http://www.marketwired.com/mw/release.do?id=2086274&sourceType=3
 
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