Finalization agreement signed between PolarCool AB (publ) and BrainCool AB (publ) - annual cost of SEK 2 million ended
The med-tech companies PolarCool AB (publ.) and BrainCool AB (publ.) collectively announce that they have signed a finalization agreement. The agreement confirms that PolarCool's medical technology product PolarCap® will now be manufactured and sold under PolarCool's own quality management system (QMS) and that previous collaboration agreements have been terminated as planned. PolarCool develops and markets the product PolarCap®, which alleviates the effects of concussion. The primary users of the PolarCap® System include sports clubs, organizations, and facilities in contact sports such