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Response Biomed Corp RPBIF

"Response Biomedical Corp is engaged in the research, development, commercialization and distribution of diagnostic technologies for the medical central-lab testing, point of care (POC) testing and on-site environmental testing markets."


GREY:RPBIF - Post by User

Bullboard Posts
Comment by dimar66on Oct 03, 2012 1:59pm
189 Views
Post# 20443510

RE: Response regains worldwide rights...

RE: Response regains worldwide rights...

So now 3M is going to write off their investment in Ramp, probably just not enough revenue to hold their interest. It is ending in a not too bad of a way however as RBM is getting access to the marketing network which has value and it could be that a smaller company could manage this better.   This may dovetail in with the current plans to market independently Ramp cardiac products in the States.   I would guess that 3M would also want to dump their shares as well to be able to write off the loss. 

Bullboard Posts