BioNexus Gene Lab Completes Strategic ~$228K Investment In Ascension Innovation Sdn Bhd; Shares See Volume To The Upside
Portfolio Pulse from Benzinga Newsdesk
BioNexus Gene Lab Corp. (NASDAQ:BGLC) has completed a strategic investment of approximately $228K in Ascension Innovation Sdn Bhd, a Malaysian healthcare technology firm. This investment enhances BGLC's commitment to AI-driven healthcare solutions and provides a significant equity stake in AISB.
August 26, 2024 | 4:20 pm
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BioNexus Gene Lab Corp. has made a strategic investment of approximately $228K in Ascension Innovation Sdn Bhd, enhancing its position in AI-driven healthcare solutions. This move is likely to strengthen BGLC's market presence and foster innovation.
The investment in Ascension Innovation Sdn Bhd provides BGLC with a significant equity stake, allowing for deeper collaboration and potential advancements in AI-driven healthcare solutions. This strategic move is likely to enhance BGLC's market position and drive innovation, positively impacting its stock price in the short term.
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