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BRIEF-Lombard Medical and MicroPort Scientific Corporation announce strategic partnership and investment agreement
December 19, 2016 / 11:30 AM / a year ago

BRIEF-Lombard Medical and MicroPort Scientific Corporation announce strategic partnership and investment agreement

Dec 19 (Reuters) - Lombard Medical Inc

* Lombard Medical and MicroPort Scientific Corporation announce strategic partnership and investment agreement

* Lombard Medical says agreement provides MicroPort exclusive marketing rights for Lombard Medical’s Aorfix, Altura AAA stent graft product lines in China

* Agreement provides microport right to a technology license to manufacture products for China market

* MicroPort has invested $15 million in a combination of Lombard Medical common stock and convertible debt

* Lombard Medical Inc says Lombard Medical will also appoint two representatives of MicroPort to serve on its board of five non-executive directors

* MicroPort will also have exclusive marketing rights for both Altura and Aorfix in Brazil Source text for Eikon: Further company coverage:

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