Bionik Completes Acquisition of Interactive Motion

Bionik Laboratories has finalized its acquisition of Interactive Motion Technologies, a developer of robotic tools for neurorehabilitation.

The Toronto-based devicemaker will gain all of IMT’s outstanding shares, assets and liabilities.

Bionik’s pipeline will now include three upper extremity clinical rehabilitation products, a lower-body product and other candidates in the pipeline. — Anisa Jibrell