PMD Device Solutions intends to acquire key assets of Coala-Life Group

PMD Device Solutions announced its intention to enter a transfer agreement to purchase the US subsidiary and IP portfolio of Coala-Life Group AB, which filed for bankruptcy on March 22, 2024. The transaction is expected to close by April 10, 2024.

“The synergy between the two companies will reduce PMDS's time of entry into the US for its RepsiraSense product, accelerate our path to group profitability and bring forward our target to reach 100 MSEK in annual recurring revenue.”pmd-solutions.com

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• pmd-solutions.comPMD Device Solutions intends to acquire key assets in Coala-Life Group AB to accelerate its US market entry - PMD SolutionsApr 9, 2024

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