BioTech Medics, Inc. announced that it has signed a Letter of Interest for a $5 million U.S. cross-marketing licensing contract for its patented SHBAN Alcohol Free Persistent Hand & Body Sanitizer with LifeBionix, Inc. The final terms of the agreement are expected to be disclosed before yearend. The proposed agreement includes cash, dividends and ongoing royalties over a five-year term commencing the end of the first quarter in 2013.
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2015 | BioTech Medics Opens BioTech Laser Center in Keller, Texas | CI |
2013 | BioTech Medics, Inc. Signs $5 Million Cross-Marketing Licensing Agreement with LifeBionix, Inc | CI |
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- BioTech Medics, Inc. Signs Letter of Interest with LifeBionix, Inc. for $5 Million Cross-Marketing Licensing Agreement