Joint Venture intends to enter into technology agreement with upfront license fee and minimum purchase requirements
CAMBRIDGE, Mass. (January 26, 2021) – Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological disorders and upper limb paralysis, announces the signing of a definitive agreement (the “JV Agreement”) with Beijing Ryzur Medical Investment Co., Ltd. (“Ryzur Medical”) to form a joint venture (the “JV”) to manufacture and sell the Company’s current and future products in greater China, including Hong Kong, Macau and Taiwan. (Read more)