Ping An Biomedical unit to buy Meridian IP rights for USD 2.5 million

Ping An Biomedical Co., Ltd. Class A

Ping An Biomedical Co., Ltd. Class A

PASW

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  • Ping An Biomedical agreed to acquire Hong Kong intellectual property from Meridian Industries via its wholly owned unit Multi Ridge (Asia).
  • Deal consideration set at USD 2.5 million for trademarks and related IP rights in Hong Kong, including associated goodwill and past infringement claims.
  • Payment terms call for 90% between July 3 and July 9, 2026, with the remaining 10% due July 10, 2026.


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