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Bionik Laboratories Corp. and Wistron Corporation announced a joint development project to design, engineer, and manufacture lower-body assistive robotic technologies for the consumer home products market, initially targeting the Asian market.
Bionik Laboratories Corp. partnered with Ginger Capital Investment Holding Ltd. to form a joint venture to bring Bionik's robotic rehabilitation products to the Chinese market. Ginger Capital invested $500,000 in Bionik and $1,450,000 in the JV.