Cell Impact announces new strategy in Japan
In 2019, Cell Impact (Nasdaq First North Growth Market: CI B) and Nakanishi Metal Works Co. Ltd (NKC)announced a Memorandum of Understanding (MoU, see press release 2019-08-29) aimed at exploring an international business development collaboration. On December 3, following a year-long feasibility study, NKC and Cell Impact jointly concluded that there were not enough mutual synergies to justify further deepening the cooperation. NKC will remain a valued potential partner in future business ventures.As a consequence, Cell Impact AB is starting a subsidiary in Japan to manage ongoing projects