BioNexus Gene Lab Corp. Acquires 15% Stake in Fidelion Diagnostics

Reuters11-12
<a href="https://laohu8.com/S/BGLC">BioNexus Gene Lab Corp.</a> Acquires 15% Stake in Fidelion Diagnostics

BioNexus Gene Lab Corp. (BGLC) has entered into definitive agreements involving an equity investment with Fidelion Diagnostics Pte. Ltd. As part of the deal, BGLC will receive new shares representing at least 15% of Fidelion's fully diluted share capital. In exchange, Fidelion will receive newly issued, restricted shares equal to 19.9% of BGLC's pre-money outstanding shares. This cross-equity alignment is part of a broader collaboration to commercialize VitaGuard™, a next-generation liquid-biopsy platform for minimal residual disease (MRD) testing across Southeast Asia.

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