July 1, 2020 / 7:47 AM / 10 days ago

BRIEF-Lipidor Formalizes Relationship With Subsidiary Emollivet AB

July 1 (Reuters) - Lipidor AB:

* SAID ON TUESDAY FORMALIZES RELATIONSHIP WITH SUBSIDIARY EMOLLIVET AB THROUGH LICENSE AGREEMENT AND PROPOSES FINANCING OF SUBSIDIARY

* NEW SHARE ISSUE IS EXPECTED TO GENERATE SEK 4 MILLION TO EMOLLIVET

* EMOLLIVET ALSO INTENDS SHORTLY TO RECRUIT A CEO FOR PURPOSE OF FOCUSING ON COMMERCIALIZATION OF ITS ANIMAL CARE PRODUCTS Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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