ReproCELL, Inc. completed the acquisition of 67.6% stake in BioServe Biotechnologies, Ltd. from Rama Modali and Ventureast Trustee Company Pvt Ltd.
August 01, 2014 at 09:30 am IST
ReproCELL, Inc. (JASDAQ:4978) agreed to acquire 67.6% stake in BioServe Biotechnologies, Ltd. from Rama Modali and Ventureast Trustee Company Pvt Ltd. for $1.7 million on May 26, 2014. ReproCELL, Inc. (JASDAQ:4978) signed final contract to acquire 67.6% stake in BioServe Biotechnologies, Ltd. from Rama Modali and Ventureast Trustee Company Pvt Ltd. on August 1, 2014. In a related transaction, ReproCELL will acquire 85.2% stake in Reinnervate. The transaction is expected to close between June 30 to July 31, 2014.
ReproCELL, Inc. (JASDAQ:4978) completed the acquisition of 67.6% stake in BioServe Biotechnologies, Ltd. from Rama Modali and Ventureast Trustee Company Pvt Ltd. for $2 million on August 1, 2014.