Innovotech Inc V.IOT

Technology Scientific & Technical Instruments

Innovotech Inc. is a Canadian biotechnology company. The Company is engaged in owning intellectual property, conducting contract research, and owning and providing devices for testing in multiple applications in microbiology. Its contract research services include Antimicrobial Contract Research; Antimicrobial and Anti-Biofilm Agents, including Minimum Inhibitory Concentration (MIC) and Minimum Biofilm; Eradication Concentration (MBEC); Antimicrobial and Anti-Biofilm Materials, including TM100, ISO 22196 and USP 51; Customized Antimicrobial Testing, including BEST Assay Testing and Implanted Medical Device Testing; Bacteriophage Testing; and Analytical Capabilities. It also offers MBEC Assay Kits, Order Biofilm Assays and Coated MBEC Assay Lids. Its biofilm research includes The Science of Biofilms, Biofilm Publications and SEM Library. Its antimicrobial silver products include AgreGuard-1 Silver Antimicrobial for Crop Protection and InnovoSIL Antimicrobial Silver Products.

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Innovotech Inc > Curious Deal Action

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Post by overnouton Jan 18, 2021 9:37am

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Post# 32318739

Curious Deal Action

Not sure what to make of this.

Edmonton -TheNewswire -January 18th, 2021 - Innovotech Inc. (TSXV:IOT), (the “Company”), and Lonsdale Capital Corporation (“Lonsdale”) have terminated the agreement announced January 04, 2021 for the acquisition by the Company of shares of listed health sector companies held by Lonsdale.

“The transaction has not formally closed, pending regulatory approval, and in the mutual interests of Innovotech Inc. and Lonsdale Capital Corporation, Lonsdale has withdrawn its offer” said Alan Savage, CFO of Innovotech and President of Lonsdale.

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