{"id":6933,"date":"2023-06-12T05:22:06","date_gmt":"2023-06-12T05:22:06","guid":{"rendered":"https:\/\/www.seaspringconsulting.com\/?p=6933"},"modified":"2023-06-13T05:24:40","modified_gmt":"2023-06-13T05:24:40","slug":"seaspring-signs-definitive-agreement-for-joint-venture-with-asep-inc-for-regulatory-approval-and-commercialisation-of-sepsis-diagnosis-technology-in-bahrain-and-mena","status":"publish","type":"post","link":"https:\/\/www.seaspringconsulting.com\/ar\/seaspring-signs-definitive-agreement-for-joint-venture-with-asep-inc-for-regulatory-approval-and-commercialisation-of-sepsis-diagnosis-technology-in-bahrain-and-mena\/","title":{"rendered":"Seaspring signs definitive agreement for joint venture with Asep Inc. for regulatory approval and commercialisation of sepsis diagnosis technology in Bahrain and MENA"},"content":{"rendered":"

Pursuant to the signing of a Letter of Intent (LOI) in December 2022, Seaspring W.L.L. (\u201cSeaspring\u201d) and Asep Medical Holdings Inc. (\u201cAsep Inc.\u201d or the \u201cCompany\u201d) have signed a definitive agreement (\u201cagreement\u201d) for a joint venture to advance regulatory approval and commercialization of the Company\u2019s sepsis diagnosis technology (SepsetER TM) in the Kingdom of Bahrain and the Middle East and North Africa (MENA).\u00a0 The terms of the definitive agreement include the formation of a 50\/50 joint venture (name to be determined) whereby Seaspring will contribute the capital required (a near-term estimate of USD $5 million that is open-ended
\nand subject to change) by the joint venture to conduct its business operations (regulatory approval, sales and distribution) and Asep Inc. through its subsidiary Sepset Biosciences Inc., will provide the licensing rights for the use of the SepsetER technology in the Kingdom of Bahrain, Algeria, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, United Arab Emirates and Yemen.<\/p>","protected":false},"excerpt":{"rendered":"

Pursuant to the signing of a Letter of Intent (LOI) in December 2022, Seaspring W.L.L. (\u201cSeaspring\u201d) and Asep Medical Holdings Inc. (\u201cAsep Inc.\u201d or the \u201cCompany\u201d) have signed a definitive…<\/a><\/p>","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[93,4],"tags":[],"class_list":["post-6933","post","type-post","status-publish","format-standard","hentry","category-healthcare","category-news"],"acf":[],"yoast_head":"\nSeaspring signs definitive agreement for joint venture with Asep Inc. for regulatory approval and commercialisation of sepsis diagnosis technology in Bahrain and MENA - Seaspring<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.seaspringconsulting.com\/ar\/seaspring-signs-definitive-agreement-for-joint-venture-with-asep-inc-for-regulatory-approval-and-commercialisation-of-sepsis-diagnosis-technology-in-bahrain-and-mena\/\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Seaspring signs definitive agreement for joint venture with Asep Inc. for regulatory approval and commercialisation of sepsis diagnosis technology in Bahrain and MENA - Seaspring\" \/>\n<meta property=\"og:description\" content=\"Pursuant to the signing of a Letter of Intent (LOI) in December 2022, Seaspring W.L.L. (\u201cSeaspring\u201d) and Asep Medical Holdings Inc. (\u201cAsep Inc.\u201d or the \u201cCompany\u201d) have signed a definitive...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.seaspringconsulting.com\/ar\/seaspring-signs-definitive-agreement-for-joint-venture-with-asep-inc-for-regulatory-approval-and-commercialisation-of-sepsis-diagnosis-technology-in-bahrain-and-mena\/\" \/>\n<meta property=\"og:site_name\" content=\"Seaspring\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-12T05:22:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-13T05:24:40+00:00\" \/>\n<meta name=\"author\" content=\"Lakshmy Venkat\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@seaspringwll\" \/>\n<meta name=\"twitter:site\" content=\"@seaspringwll\" \/>\n<meta name=\"twitter:label1\" content=\"\u0643\u064f\u062a\u0628 \u0628\u0648\u0627\u0633\u0637\u0629\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lakshmy Venkat\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u0648\u0642\u062a \u0627\u0644\u0642\u0631\u0627\u0621\u0629 \u0627\u0644\u0645\u064f\u0642\u062f\u0651\u0631\" \/>\n\t<meta name=\"twitter:data2\" content=\"\u062f\u0642\u064a\u0642\u0629 \u0648\u0627\u062d\u062f\u0629\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.seaspringconsulting.com\\\/seaspring-signs-definitive-agreement-for-joint-venture-with-asep-inc-for-regulatory-approval-and-commercialisation-of-sepsis-diagnosis-technology-in-bahrain-and-mena\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.seaspringconsulting.com\\\/seaspring-signs-definitive-agreement-for-joint-venture-with-asep-inc-for-regulatory-approval-and-commercialisation-of-sepsis-diagnosis-technology-in-bahrain-and-mena\\\/\"},\"author\":{\"name\":\"Lakshmy Venkat\",\"@id\":\"https:\\\/\\\/www.seaspringconsulting.com\\\/#\\\/schema\\\/person\\\/32694aa2722e4e7a253a30ddbecacca6\"},\"headline\":\"Seaspring signs definitive agreement for joint venture with Asep Inc. for regulatory approval and commercialisation of sepsis diagnosis technology in Bahrain and MENA\",\"datePublished\":\"2023-06-12T05:22:06+00:00\",\"dateModified\":\"2023-06-13T05:24:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.seaspringconsulting.com\\\/seaspring-signs-definitive-agreement-for-joint-venture-with-asep-inc-for-regulatory-approval-and-commercialisation-of-sepsis-diagnosis-technology-in-bahrain-and-mena\\\/\"},\"wordCount\":186,\"publisher\":{\"@id\":\"https:\\\/\\\/www.seaspringconsulting.com\\\/#organization\"},\"articleSection\":[\"Healthcare\",\"News\"],\"inLanguage\":\"ar\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.seaspringconsulting.com\\\/seaspring-signs-definitive-agreement-for-joint-venture-with-asep-inc-for-regulatory-approval-and-commercialisation-of-sepsis-diagnosis-technology-in-bahrain-and-mena\\\/\",\"url\":\"https:\\\/\\\/www.seaspringconsulting.com\\\/seaspring-signs-definitive-agreement-for-joint-venture-with-asep-inc-for-regulatory-approval-and-commercialisation-of-sepsis-diagnosis-technology-in-bahrain-and-mena\\\/\",\"name\":\"Seaspring signs definitive agreement for joint venture with Asep Inc. for regulatory approval and commercialisation of sepsis diagnosis technology in Bahrain and MENA - 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