XCure Net Co., Ltd. acquired additional 3.47% stake in CU Medical Systems, Inc. from Daegwang Networks Co.,Ltd. for KRW 2.5 billion.
February 15, 2023
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XCure Net Co., Ltd. acquired additional 3.47% stake in CU Medical Systems, Inc. (KOSDAQ:A115480) from Daegwang Networks Co.,Ltd. for KRW 2.5 billion on February 15, 2023.
XCure Net Co., Ltd. completed the acquisition of additional 3.47% stake in CU Medical Systems, Inc. (KOSDAQ:A115480) from Daegwang Networks Co.,Ltd. on February 15, 2023.
CU MEDICAL SYSTEMS, INC. is a Korea-based company mainly engaged in the development, manufacture and marketing of medical equipment. The Company's product portfolio consists of medical equipment used for emergency care, utility health (U-Health) care and rehabitation care. Its emergency care equipment includes defibrillators, automated external defibrillator (AED) trainers, mannequins and data management software. Its U-Health care equipment includes telemetry systems, AED management systems and wearable electrocardiogram (ECG) sensors. Its rehabitation care equipment includes neuromuscular electrical stimulators. The Company distributes its products within domestic market and to overseas markets.