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12yearplan

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Re: croptop post# 1424

Tuesday, 04/19/2016 6:45:08 AM

Tuesday, April 19, 2016 6:45:08 AM

Post# of 1616
27 month agreement allowed for one month cancellation notice. Looks like that day/notice still hasn’t been officialized. Perhaps then, ..

When will BIAD release reasons why Sysmex left?



The Agreement will terminate after 27 months or upon completion of the Research, whichever is earlier, and may be terminated by (i) Sysmex upon one month’s notice to Bio-AMD Ltd. and (ii) Bio-AMD Ltd. upon three month’s written notice to Sysmex.
http://ih.advfn.com/p.php?pid=nmona&article=70935107

On April 12, 2016, Bio-AMD Ltd., without warning, was informed telephonically by Sysmex that Sysmex was not planning to proceed with the Study. Bio-AMD Ltd. is awaiting written confirmation of Sysmex’s decision and clarification of its reasons to curtail the Product development contemplated by the Agreement.
http://ih.advfn.com/p.php?pid=nmona&article=71122181




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