Bionik Laboratories Corp. (BNKL)

[venturecapp]

Business summary
Bionik Laboratories Corp., a medical device company, designs, develops, and commercializes physical rehabilitation technologies, prosthetics, and assisted robotic products. The company offers ARKE, a lower body exoskeleton for wheelchair bound individuals suffering from spinal cord injuries, strokes, and other mobility disabilities to restore gait and walk again during the rehabilitation process. It also provides APOLLO, a microprocessor prosthetic knee that allows user to walk naturally by increasing and decreasing the dampening in the knee joint; and CHRONOS, a cloud based intelligent patient queuing system that allows patients to check in with their health care provider through their smartphone, as well as allows them to monitor the number of patients ahead of them. The company was formerly known as Drywave Technologies, Inc. and changed its name to Bionik Laboratories Corp. in February 2015. Bionik Laboratories Corp. was incorporated in 2010 and is headquartered in Toronto, Canada.