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BRIEF-Optiscan Imaging updates on Optiscan-Zeiss collaboration

Published 25/09/2015, 11:02 am
© Reuters.  BRIEF-Optiscan Imaging updates on Optiscan-Zeiss collaboration
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Sept 25 (Reuters) - Optiscan Imaging Ltd OIL.AX :

* Optiscan zeiss collaboration update OIL.AX

* New arrangements expected to generate cash flows for both supply of services and instruments in excess of $2.2 million by end of 2016

* Czm will assume responsibilities that will relieve Optiscan of costs in the order of $0.75 million relating to regulatory and legal issues

* Says"new arrangements expects to generate net cash benefit of $3 million over that period"

* Source text for Eikon ID:nASXbJCfpJ

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