Sisram Medical board approves USD11.2 million annual royalty payment caps for 2026-2028

Reuters03-12

Sisram Medical board approves USD11.2 million annual royalty payment caps for 2026-2028

Sisram’s board approved annual caps for royalty payments under its sublicense agreement with Fosun Industrial. The caps were set at up to USD 11.2 million for each of the years ending 31 December 2026, 2027 and 2028. Directors Lior Moshe Dayan, Jiahong Li, Yi Liu, Rongli Feng and Caroline Xiaokui Jin disclosed personal interests related to Fosun Pharma positions, and none abstained from voting on the board resolution approving the annual caps.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sisram Medical Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260312-12050221), on March 12, 2026, and is solely responsible for the information contained therein.

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