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BRIEF-Trendlines portfolio company Vensica Medical receives US$2 mln investment
October 1, 2017 / 6:50 PM / 2 months ago

BRIEF-Trendlines portfolio company Vensica Medical receives US$2 mln investment

Oct 2 (Reuters) - Trendlines Group Ltd

* Trendlines portfolio company Vensica Medical receives US$2 million investment from Cogentix Medical

* Cogentix holds option to acquire entire share capital of Vensica if business and clinical milestones achieved

* Should options to acquire Vensica be excercised, company expects to receive net proceeds of about US$2.6 million & net gain of about US$1.3 million Source text for Eikon: Further company coverage:

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