Runda Medical Acquires RBM: Layout POCT Diagnostics

Announcement on June 20, 2016, the company has reviewed and approved the 41st meeting of the second board of directors of the company. The company intends to jointly organize the OrbiMed Investment Group through 1077801 BC Ltd with a total of no more than US$6 million (approximately RMB 39.6 million). (hereinafter referred to as "SPV", established in British Columbia, Canada) to invest in the acquisition of Response Biomedical Corp. (hereinafter referred to as "RBM", listed on the Toronto Stock Exchange, stock short name "RBM"). After the acquisition, the company will hold approximately 43.1% of the shareholders' equity of RBM. [ related announcements ]

[Announcement Review]

Upon completion of the acquisition, the company will become the largest shareholder of RBM. RBM implements US GAAP accounting standards and has certain differences from domestic accounting standards, and has no material impact on the company. The acquisition is based on the company's industry chain extension and product development strategy. The company that invests in the target is mainly engaged in research and development, production and sales of related products in the field of POCT diagnosis. The acquisition is conducive to expanding the company's business scope, enriching the company's industrial chain, and further enhancing the company's overall profitability, in line with the company's long-term planning.

[Institutional rating in the past two months]

Buy (Southwest Securities, Zhongtai Securities, Founder Securities)

[Technology]

The stock has been in a rebound trend recently. It rose slightly yesterday and broke through the 30-day moving average. The RSI and KDJ indicators all formed gold forks. The market outlook is expected to continue to rebound, and close attention is appropriate.

Nuts

Nuts are a group of cleistoses that have a hard skin and contain a single seed. It is the essence of plants, rich in nutrition, containing higher minerals, vitamins, oil and protein, eating more can promote growth and development, increase physical fitness. Common nuts include walnuts, peanuts, almonds, cashews, macadamia nuts, pistachio nuts and so on.

Nuts, Almonds,Walnuts,Pistachio nuts,Macadamia nuts

Xi'an Gawen Biotechnology Co., Ltd , https://www.seoagolyn.com