Business
Bionik Laboratories Announces Agreement with The Transitional Learning Center for InMotion Arm Robotic Systems
Bionik Laboratories Announces Agreement with The Transitional Learning Center for InMotion Arm Robotic Systems.
About this update from Bionik Laboratories Corp.
[{"type":"text","content":"\n\n\n\nBionik Laboratories Announces Agreement with The Transitional Learning Center for InMotion Arm Robotic Systems\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nBionik Laboratories Announces Agreement with The Transitional Learning Center for InMotion Arm Robotic Systems\nSecond institution to take advantage of new rental option\nPR Newswire\nTORONTO and BOSTON, June 21, 2018\n\n\n\nTORONTO and BOSTON, June 21, 2018 /PRNewswire/ -- Bionik Laboratories Corp. (OTCQB: BNKL) (\"Bionik\" or the \"Company\"), a robotics company focused on providing rehabilitation and assistive technology solutions to individuals with neurological and mobility challenges from hospital to home, today announced it has delivered two of its InMotion Arm robotic systems to The Transitional Learning Center (\"TLC\"). TLC will utilize the two InMotion Arm robotic systems for use in its facilities in Galveston and Lubbock, Texas.\n\n\n \n \n\n \nBionik's rental financing option, announced last year, offers healthcare providers access to its state-of-the-art rehabilitation products on a rental basis, which assists in managing upfront costs and avoids facility capital equipment budgeting cycles. Through the agreement, TLC will pay low monthly rental fees to utilize two InMotion Arm systems, spreading the cost over an extended period of time.  \n\n\"Bionik's InMotion Arm system advances our mission of treatment and rehabilitation by providing a new option for survivors of brain injury throughout the Galveston and Lubbock regions. We could not be more excited to be making this innovative technology available to our patients,\" said Steve Takacs, President and CEO, The Transitional Learning Center. \"We'd like to thank Mr. Moody, our founder, for his vision and generosity to ensure our treatment programs are at the forefront of the industry, allowing our patients the best opportunity to transition from a comprehensive rehabilitation setting to one based on community reentry as their functioning improves. We pride ourselves on offering industry-leading treatment programs to our patients ...