Poly Medicure Ltd
🚀 PolyMed Expands into Brazil with Strategic Acquisition
• PolyMed's subsidiary Polymed Brazil LIDA acquired 100% of MEDYNEO COMERCIO DE PRODUTOS PARA SAUDE LTDA
• Acquisition completed on April 29, 2026 for R$180,000 cash consideration
• MEDYNEO holds R$20,000 authorized capital with no prior operations
• Company possesses all necessary licenses for medical device importation and commercialization in Brazil
• Transaction provides direct access to Brazilian market through existing regulatory approvals
• Not a related party transaction; no government approvals required