7th Aug 2015 06:34
LONDON (Alliance News) - NetScientific PLC said Friday it has begun to sell some of its non-core assets as it looks to re-align its portfolio to focus on its three core areas in healthcare.
As a result of this process it has now divested control of RoboScientific Ltd to management, and has also started to sell its other non-healthcare company, MOF Technologies Ltd, and is discontinuing support for some other projects and companies. These include Morphodyne SA, Qlida Diagnostics Inc and Advanced Biosensors Inc.
It will provide a full update of its divestments with its interim results.
"Our focus is firmly set on accelerating growth of our lead companies whilst continuing to work with the best and most innovative institutions with breakthrough technologies in our core areas of focus - digital health, diagnostics and therapeutics," said Chief Executive Officer Francois Martelet in a statement.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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