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

PASW•2026-07-20

Ping An Biomedical unit to acquire Hong Kong IP from Meridian Industries

Ping An Biomedical agreed to acquire Hong Kong intellectual property from Meridian Industries via its wholly owned unit Multi Ridge (Asia).

The deal consideration is 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.

Sources

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

Sec

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

Ping An Biomedical unit to acquire Hong Kong IP from Meridian Industries

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