EXCLUSIVE: Avalon GloboCare Tells Benzinga 'The MOU provides Avalon with an exclusivity period of 120 days, during which Avalon intends to negotiate with Qi Diagnostics and enter into a definitive agreement regarding the proposed strategic collaboration'
Portfolio Pulse from Benzinga Newsdesk
Avalon GloboCare has entered into a Memorandum of Understanding (MOU) with Qi Diagnostics, granting Avalon a 120-day exclusivity period to negotiate a strategic collaboration. This could lead to a definitive agreement between the two companies.
October 25, 2024 | 12:29 pm
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Avalon GloboCare has signed an MOU with Qi Diagnostics, securing a 120-day exclusivity period to negotiate a strategic collaboration. This could lead to a definitive agreement, potentially impacting Avalon's business operations and growth.
The MOU with Qi Diagnostics provides Avalon GloboCare with an opportunity to negotiate a strategic collaboration, which could enhance its business operations and growth prospects. The exclusivity period indicates a serious intent to finalize a deal, which is likely to be viewed positively by investors.
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