ISRAEL > Chinese Pharmaceuticals company-Yiling to Invest $20 Million in HealthWatch

Untitled China based Yiling Pharmaceuticals to invest $20Mn on Israel based medical grade smart clothing company- HealthWatch. Out of $20Mn Yiling Pharmaceuticals will use $15Mn to hold 23% share in HealthWatch and $5Mn for gaining Chinese distribution rights.HealthWatch was successful to achieve the first ever CE/FDA-approval for medical device garment that continuously monitors ECG and wider vital signs with much more precision. More …