SensoDetect and Beijing Haierxi Medical Technology Co., forms a strategic Joint Venture in China
Sensodetect AB (publ) has signed a joint venture agreement with Beijing Haierxi Medical Technology Co. Ltd (BHMT). The joint venture will guarantee payments to SensoDetect AB totaling a minimum of 3,4MSEK for the first 12 months and a minimum of 4,8MSEK per year until NMPA approval. After commercialization a percentage profit share will be applied, with a minimum of 6MSEK, for a market valued at 9BSEK.” I am extremely happy that we reached an agreement on terms for this joint venture. This partnership marks a significant step in SensoDetect’s global strategy to revolutionize psychiatric