Episurf Medical has entered a letter of intent with Canadian Oligo Medic regarding a possible divestment of the company’s medical technology business, according to a press release.
The letter of intent is part of the company’s streamlining towards real estate operations.
The parties will now continue working on the transaction structure and a possible final transfer agreement. A transaction is subject to the parties reaching a final agreement, applicable conditions being met and the necessary decisions being made.