Healthcare Triangle Signs Non-Binding LOI to Acquire 51% of CosmoInnovations; Enters High-Growth Proprietary MedTech and Consumer-Health Markets
Healthcare Triangle, Inc. (HCTI) has signed a non-binding Letter of Intent to acquire 51% of CosmoInnovations, a move that will bring 27 granted international patents and 61 pending applications into its portfolio and expand the company into MedTech and consumer-health markets.
Why it matters — This acquisition would mark HCTI's entry into high-growth proprietary MedTech and consumer-health markets with a substantial patent portfolio and a commercial pipeline that could significantly broaden its revenue base.