ALMED Medicrea International SA Class O

MEDICREA Announces Preliminary Discussions With U.S. Strategic Partners

The MEDICREA® Group (Euronext Growth Paris: FR0004178572 – ALMED ; OTCQX Best Market – MRNTF), pioneering the transformation of spinal surgery through Artificial Intelligence, predictive modeling and patient specific implants with its UNiD™ ASI (Adaptive Spine Intelligence) proprietary software platform, services and technologies, announces that it is in active discussions with potential U.S. strategic partners in the spine industry with the intention to execute one or more strategic agreements that could materialize through a takeover of the Company, establishing partnerships or distribution agreements.

The Company has regularly been approached by leading U.S. groups to share industry developments and review potential strategic partnerships around its UNiD™ ASI platform and the technological solutions developed by the Company.

The Company has reviewed offers in 2019 from leading companies in the orthopedic industry at levels significantly above current trading prices but has chosen not to pursue them.

Given the interest generated among these players, MEDICREA® believes that it is now appropriate to maximize market access by using the considerable sales and marketing resources of those major U.S. groups.

The Company has therefore hired the American investment bank COWEN and Company, LLC to assist it in these steps and discussions.

Denys Sournac, founder and CEO of the Company adds: “Under confidentiality agreements and in compliance with the applicable regulations on public information, the Company states that it is currently providing interested parties with the necessary information to enable them to assess the strategic and financial terms and conditions that may lead them to formulate various proposals for cooperation.”

MEDICREA® states that these discussions are only preliminary at this stage and has yet to receive any firm and binding proposal. As a result, there is no certainty that the ongoing discussions will result in a transaction.

Having no specific indication as to the duration and the outcome of the discussions in progress, the Company intends to proceed with a fundraising to meet its financing needs for the 2020 financial year. This operation could take the form of a 5 million euros capital increase without retention of preferential subscription rights, limited to designated investors in the framework of offers described in paragraph II of article L. 411-2 of the Monetary and Financial Code and/or article 225-138 of the Code of Commerce, and should take place in the first quarter of 2020.

The Company does not intend to make any further comments beyond this release unless the ongoing discussions reach an agreement or are abandoned. Binding offers, if any, will be carefully reviewed by the Company's Board of Directors. The Company will comply in all respects with applicable legal and stock exchange regulations regarding the disclosure of privileged information and put in place appropriate governance vehicles in case offers are received.

Next publication: 2019 Annual Sales: January 15. 2020 before market.

About MEDICREA® ()

Through the lens of predictive medicine, MEDICREA® leverages its proprietary software analysis tools with big data and machine learning technologies supported by an expansive collection of clinical and scientific data. The Company is well-placed to streamline the efficiency of spinal care, reduce procedural complications and limit time spent in the operating room.

Operating in a $10 billion marketplace, MEDICREA® is a Small and Medium sized Enterprise (SME) with 180 employees worldwide, which includes 40 who are based in the U.S. The Company has an ultra-modern manufacturing facility in Lyon, France housing the development and production of 3D-printed titanium patient-specific implants.

For further information, please visit:

Connect with MEDICREA®

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MEDICREA® is listed on

EURONEXT Growth Paris

ISIN: FR 0004178572

Ticker: ALMED

LEI: 969500BR1CPTYMTJBA37

MEDICREA® is traded on

OTCQX Best Market

Tickers: MRNTY & MRNTF

EN
13/01/2020

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Reports on Medicrea International SA Class O

 PRESS RELEASE

MEDICREA Reports Third Quarter 2020 Sales

LYON, France & NEW YORK--(BUSINESS WIRE)-- The MEDICREA® Group (Euronext Growth Paris: FR0004178572 – ALMED ; OTCQX Best Market –MRNTF), pioneering the transformation of spinal surgery through Artificial Intelligence, predictive modeling and patient specific implants with its UNiD™ ASI (Adaptive Spine Intelligence) proprietary software platform, services and technologies, publishes sales for the third quarter of 2020. (€ millions) YTD September 2019 YTD September 2020 Variation USA Rest of the world Total Sales Including Q3 13.7 10.6 24.3 8.2 12.6 8.7 21....

 PRESS RELEASE

MEDICREA Reports First Half 2020 Results

LYON, France & NEW YORK--(BUSINESS WIRE)-- The MEDICREA® Group (Euronext Growth Paris: FR0004178572 – ALMED ; OTCQX Best Market –MRNTF), pioneering the transformation of spinal surgery through Artificial Intelligence, predictive modeling and patient specific implants with its UNiD™ ASI (Adaptive Spine Intelligence) proprietary software platform, services and technologies, reports its unaudited results for the first half of 2020, as approved by the Board of Directors on August 28, 2020. €’million Q1 2020 Q2 2020 H1 2020 H1 2019 Sales Gross margin in % of sales EBITDA (1...

 PRESS RELEASE

MEDICREA Announces the Appointment of an Independent Expert

LYON, France & NEW YORK--(BUSINESS WIRE)-- The MEDICREA® Group (Euronext Growth Paris: FR0004178572 – ALMED ; OTCQX Best Market –MRNTF), pioneering the transformation of spinal surgery through Artificial Intelligence, predictive modeling and patient specific implants with its UNiD™ ASI (Adaptive Spine Intelligence) proprietary software platform, services and technologies, announces the appointment of an independent expert. Following the announcement of the voluntary and friendly cash tender offer for the shares of Medicrea International (Euronext Growth Paris: FR0004178572 - ALMED, PEA-PME e...

 PRESS RELEASE

Medtronic to Acquire Medicrea

DUBLIN & LYON, France--(BUSINESS WIRE)-- Medtronic plc (NYSE:MDT), a global leader in medical technology, and Medicrea (Euronext Growth Paris: FR0004178572 – ALMED Medicrea; OTCQX Best Market – MRNTF), a pioneer in the transformation of spinal surgery through artificial intelligence, predictive modeling and patient specific implants, today announced that they have entered into a tender offer agreement for the acquisition of all outstanding shares of Medicrea. The friendly voluntary all-cash tender offer will be at a price of €7.00 per Medicrea share (the “Tender Offer”). The Boards of Director...

 PRESS RELEASE

MEDICREA Reports First Half 2020 Sales

LYON, France & NEW YORK--(BUSINESS WIRE)-- The MEDICREA® Group (Euronext Growth Paris: FR0004178572 – ALMED ; OTCQX Best Market –MRNTF), pioneering the transformation of spinal surgery through Artificial Intelligence, predictive modeling and patient specific implants with its UNiD™ ASI (Adaptive Spine Intelligence) proprietary software platform, services and technologies, publishes sales for the first half of 2020. (€ millions) H1 2019 H1 2020 Variation Variation at Constant Exchange Rate USA Rest of the world Total Sales 8.7 7.4 16.1 7.6 5.6 13.2 -13%...

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