Lifeward closes strategic partnership with Oramed; access to capital grows to $47 million
Reuters
18 hours ago
Lifeward closes strategic partnership with Oramed; access to capital grows to $47 million
Lifeward closed a strategic partnership agreement with Oramed.
Under the arrangement, Lifeward acquired Oramed’s clinical-stage Protein Oral Delivery (POD) technology.
The partnership provides Lifeward access to up to USD 47 million of capital from Oramed and certain investors.
Lifeward accessed USD 10 million of that capital at the closing.
The company also made changes to its board of directors in connection with the transaction.
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