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IDMoS eyes buy-out to ease financial woes

This article was originally published in Clinica

Executive Summary

Scottish disease detection and monitoring technology specialist IDMoS is looking to tackle its ailing finances by negotiating a strategic transaction, including a potential buy-out with a number of unnamed parties. The Dundee-based company announced on February 20 that it only had enough funds to finance its operations until March 1, but it is now prolonging activities beyond this date in order to seal a deal.

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