Navigation Links
Medisafe 1 Technologies Announces Delay in Closing $7MM Perpetual License Sale Due to Hurricane Sandy
Date:11/5/2012

JERUSALEM, November 5, 2012 /PRNewswire/ --

Medisafe 1 Technologies Corp. (OTCBB: MFTH), a developer of patented technologies that physically prevent unauthorized administration of prescription medications, announced today that the final pages which includes the review of the licensed contract by both parties for the closing of a $7MM non-exclusive perpetual license sale agreement have been postponed due to Hurricane Sandy.  The sale is currently on track to be completed on or around November 15.

As previously reported, the agreement will transfer rights for the full commercialization, marketing and distribution of its patented medicinal locking mechanism and bar-code matching system to a third party.  Terms of the sale include a one-time $7MM payment to Medisafe 1 Technologies.  

"Medisafe 1 Technologies looks forward to completing the sale and achieving a major milestone for our company in the coming days," said Jacob Elhadad, CEO of Medisafe 1 Technologies Corp.

About Medisafe 1 Technologies

Medisafe 1 Technologies seeks to effectively prevent unauthorized administration of a drug or medicinal substance by hypodermic needle.  Medisafe's patented technology is a medical assembly with a locking mechanism that is intended to ensure the substance cannot be released from the hypodermic needle without positive pre-matching between the substance and its intended patient.

Forward-Looking Statements

This letter contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of Medisafe 1 Technologies Corp., and its technologies. In evaluating such statements, prospective investors should review carefully various risks and uncertainties i
'/>"/>

SOURCE Medisafe 1 Technologies Corp.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2

Related medicine technology :

1. Medisafe 1 Technologies Anticipates a Special Dividend of $0.01 (One Cent) to Each Shareholder of One Common Stock pending the $7MM Perpetual License Sale of Technology Rights
2. Medisafe 1 Technologies in Advanced Negotiations for $7MM Perpetual License Sale
3. Medisafe 1 Technologies Corp has of Today Acquired 3,100,000 Shares and Continues to Acquire Shares Under its $1MM Stock Repurchase Program of 10MM Shares up to 10 Cents a Share to Facilitate its On-going Acquisitions Activity Plan
4. Life Technologies Acquires Advanced Microscopy Group
5. BioSpecifics Technologies Corp. to Host Conference Call to Report Third Quarter 2012 Financial Results on November 8, 2012
6. SafeCode Drug Technologies Corp. Begins Trading on the Over-the-Counter Bulletin Board
7. Life Technologies Collaborates with USDA to Develop Same-Day, Multi-Strain E. coli Detection System
8. LightPath Technologies Provides Quarterly Update on Infrared Initiatives
9. Global eClinical Trial Solutions Market to 2018 - Growing Complexity of Clinical Trials and Increased Focus on Accuracy and Efficiency Drive Trial Sponsors to Adopt Novel Technologies: MarketResearchReports.Biz
10. Harvest Technologies Corporation reicht Patentverletzungsklage gegen ThermoGenesis Corporation ein
11. Harvest Technologies Corporation Files Patent Infringement Complaint against ThermoGenesis Corporation
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/27/2015)... , Aug. 27, 2015  A recent ... KSSTA Knee Journal, compared the Arthrosurface HemiCAP® Wave ... design, versus an "onlay" design implant for isolated ... improvements in function and pain scores, none of ... of osteoarthritis (OA). However, 53% of the patients ...
(Date:8/27/2015)... -- Biosimilars are not generics and the Biologics ... Drug Administration (FDA) for recognizing that each biosimilar ... issued today. The FDA,s draft guidance on nonproprietary ... for biological products to bear a nonproprietary name ... the agency,s thinking that "there is a need ...
(Date:8/27/2015)... According to a new market research report "Medical Lifting Sling ... Material (Nylon, Padded, Canvas), Usage Type (Disposable, Reusable), End User (Home, ... Lifting Sling Market is poised to reach USD 706.0 Million by ... 11.4 % from 2015 to 2020. , Browse ... ables and 65 F igures spread ...
Breaking Medicine Technology:Study Demonstrates Dramatic Reduction in Progression of Osteoarthritis with the Arthrosurface "Inlay" Patellofemoral Implant Design Compared to Traditional "Onlay" Implant 2Study Demonstrates Dramatic Reduction in Progression of Osteoarthritis with the Arthrosurface "Inlay" Patellofemoral Implant Design Compared to Traditional "Onlay" Implant 3Biologics Prescribers Collaborative (BPC) Statement on FDA Draft Guidance entitled "Nonproprietary Naming of Biological Products" 2Medical Lifting Sling Market Worth USD 706.0 Million by 2020 2Medical Lifting Sling Market Worth USD 706.0 Million by 2020 3Medical Lifting Sling Market Worth USD 706.0 Million by 2020 4
... , SAN CLEMENTE, ... leading maker of clinically-proven natural remedies, today released a new ... their families. A tip sheet on "Selecting Safe and Effective ... Moms" series, is now available on the company,s website at ...
... , PRINCETON, N.J. , Feb. 8 ... will present at the 20th Annual Global Healthcare Services Conference on ... .  Investors may access a live webcast of the presentation at ... software, please log on 10 minutes early. , Covance, with headquarters ...
Cached Medicine Technology:Bionorica Offers Tips on Selecting Safe and Effective Natural Remedies for Children 2Bionorica Offers Tips on Selecting Safe and Effective Natural Remedies for Children 3Bionorica Offers Tips on Selecting Safe and Effective Natural Remedies for Children 4
(Date:8/30/2015)... ... August 30, 2015 , ... Lizzie’s Lice Pickers , a company ... The company is currently offering lice head checks for just $10, which is a ... a 10% discount on their lice treatment products. “With kids returning to school, it ...
(Date:8/30/2015)... ... 2015 , ... Certified Nutrition Businessman Reid Eckert agrees to extend his business ... a global sales and communications firm that offers U.S. brands a proven path to ... with Mr. Reid Eckert, as his interpretation of the nutritional needs of the human ...
(Date:8/29/2015)... ... , ... Rio Salado College President Chris Bustamante announced on Aug. ... Strategic Initiatives and Information Services. O’Shea, who has served Rio Salado for the last ... impact through innovative technologies and strategies. , “I am very proud to be able ...
(Date:8/29/2015)... ... 2015 , ... "I have been a licensed physical therapist ... in manual therapy, and my invention will provide headache sufferers a solution to ... dysfunction throughout the body." , They developed THE RELIEVER to alleviates headaches, as ...
(Date:8/29/2015)... , ... August 29, 2015 , ... Brands like ... with zero standard shipping costs. , “Before, a threshold of $49.00 was required to ... brands and items qualify for free standard shipping for customers regardless of the item’s ...
Breaking Medicine News(10 mins):Health News:Lizzie’s Lice Pickers Announces Back to School Head Check Special and Discounted Lice Treatment Products 2Health News:Nutrition Guru Continues Relationship With Renowned Health and Wellness Company 2Health News:Rio Salado College Appoints New Vice President of Strategic Initiatives and Information Services 2Health News:Inventors and InventHelp Clients Develops Tension Reliever (LGI-1951) 2Health News:TheBeautyPlace.com Discounts Shipping on Select Brands 2
... people know that you can use,your heart rate to ... be used,in other ways, too. "Your heart rate can ... system," says Stan Reents, PharmD, a certified personal,trainer, fitness ... increases as exercise intensity increases. By,plugging their age into ...
... A Difference, SEATTLE, Oct. 16 Seattle-based retailer Affirmagy ... make a difference,for women who are newly diagnosed with breast ... so giving is as easy as,clicking a button. "We ... the life of a,woman who has been diagnosed with breast ...
... (NYSE:,VTR) ("Ventas" or the "Company") announced today that it ... close of trading on Thursday,November 8, 2007. A conference ... November 9, 2007 at 10:00 a.m. Eastern Time (9:00 ... CCBN and can be accessed at the,Company,s website at ...
... Missing For #1 Cancer Killer, WASHINGTON, Oct. 15 ... Ambrose said that figures released,earlier today showing an overall ... she warned while the incidence and,mortality rates in lung ... Public health policy officials credited screening as one of ...
... WYE ),confirmed today that it will appeal the ... in the Second Judicial District Court in Reno,Nevada, beginning ... presided over the trial. "This flawed verdict is ... V. Stein, Wyeth,s Senior Vice President and General Counsel.,"The ...
... Sole Source Agreement Supports JHSMH IT Strategy, ... PER ) today said that Jewish Hospital ... based in Louisville, KY, has,selected the company to ... The financial terms of the 10-year agreement were ...
Cached Medicine News:Health News:Exercise And Health: Use Your Heart Rate As a Guide 2Health News:If You Build It, They Will Give 2Health News:Overall Drop in Cancer Death Rate Does Not Apply to Women With Lung Cancer 2Health News:Wyeth to Appeal Nevada Hormone Therapy Trial Verdict 2Health News:Wyeth to Appeal Nevada Hormone Therapy Trial Verdict 3Health News:Jewish Hospital & St. Mary's Healthcare Select Perot Systems for Technology Services 2Health News:Jewish Hospital & St. Mary's Healthcare Select Perot Systems for Technology Services 3
The pocket-size Invacare Digit finger pulse oximeter is a convenient and economical solution to fast, reliable SpO2, pulse rate and pulse strength measurements. Its compact size is ideal for home use...
The Onyx® 9500 worlds first self-contained digital fingertip pulse oximeter incorporates the electronics and the sensor into one unit....
Ergonomically designed, the Invacare Printing Pulse Oximeter provides fast, reliable spot-check information and documentation of SpO2 and pulse rate. It is ideal for all patients from neonate to adul...
... Pulse Oximeter monitors SpO2, pulse ... is designed to provide fast, ... The device rejects spontaneous motion ... operator of excess artifacts and ...
Medicine Products: