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PMD Device Solutions agrees on head of terms to license the Coala-Life technology

PMD Device Solutions (PMDS) is evaluating the licensing of the Coala-Life technology and its associated intellectual property to the original co-founder of the innovation, Magnus Sorlander

PMDS and Magnus Sorlander, the original founder of Coala-Life, have agreed on a head of terms for a license agreement to develop, sell and serve the Coala-Life technology within Europe to existing and new customers.

Details of the transaction will be published once the license agreement has been signed.