June 19, 2018 1:36 AM ET

Pharmaceuticals

Company Overview of Eastwood Bio-Medical Research Inc.

Company Overview

Eastwood Bio-Medical Research Inc. develops and distributes treatment products for non-insulin dependent diabetes mellitus and cancer. The company’s develops products for hypertension, high cholesterol, childhood obesity, and diabetic foot care. Additionally the company produces health education programs. The company was founded in 1996 and is based in Richmond, Canada.

Unit 1130-4871 Shell Road

Richmond, BC V6X 3Z6

Canada

Founded in 1996

Phone:

604-247-2100

Fax:

604-247-2101

Key Executives for Eastwood Bio-Medical Research Inc.

Chief Executive Officer and Owner
Compensation as of Fiscal Year 2017.

Eastwood Bio-Medical Research Inc. Key Developments

Eastwood Bio-Medical Canada Inc. Enters into a Loan Agreement with Eastwood Bio-Medical Research Inc

Eastwood Bio-Medical Canada Inc. has entered into a loan agreement with Eastwood Bio-Medical Research Inc., pursuant to which the Company agreed to provide EBMR with a $1.25 million loan facility. The loan is secured against real estate assets, repayable in 12 months and bears interest at 2% per annum, payable annually in arrears. Pursuant to the loan agreement, EBMR has granted the company the right to purchase the manufacturing business, comprising the land, buildings, equipment, manufacturing licenses, permits and other rights, operations, and know-how. The purchase right may be exercised at any time up to 24 months from the advance of the loan, at the market price for the business determined at the time of purchase.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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