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Misonix has signed an $11 million licensing and exclusive manufacturing agreement with Hunan Xing Hang Rui Kang Bio-Technologies for the SonaStar ultrasonic aspiration product line in China, Hong Kong and Macau. Misonix will receive $5 million upfront plus royalties.
“Working with Misonix represents a unique opportunity to add an important technology to our suite of products.”massdevice.com
Summarized from public sources; check the original articles before acting on it.