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Generex Biotechnology signed a letter of intent to acquire Pantheon Medical - Foot & Ankle, a manufacturer of specialty orthopedic surgery products for foot and ankle surgeries. The deal includes $1.4 million in stock plus additional cash and stock based on milestones.
“Partnering with Generex will enable us to expedite Pantheon’s ability to build a manufacturing company with proprietary product lines that offer convenience and cost-effectiveness to physicians.”medicaldevice-network.com
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