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Inogen, a medical technology company, announced a strategic collaboration with Jiangsu Yuyue Medical Equipment & Supply Co., Ltd. (Yuwell) to distribute respiratory products in the US and other territories, collaborate on R&D, and enter the Chinese market. Yuwell will invest approximately USD 27.2 million for a 9.9% equity stake in Inogen.
“The collaboration with Yuwell is a pivotal step in accelerating Inogen's growth trajectory.”stocks.observer-reporter.com
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