Bionik Laboratories to Present at Biotech Showcase™ 2017 on January 10, 2017
- Presentation with live webcast on Tuesday, January 10th at 4:30 p.m. PT -
TORONTO and BOSTON, Dec. 15, 2016 (GLOBE NEWSWIRE) -- Bionik Laboratories Corp. (OTCQX:BNKL) (“Bionik” or the "Company"), a global pioneering robotics company focused on providing rehabilitation and mobility solutions to individuals with neurological disorders announced today that Peter Bloch, Chief Executive Officer and Chairman of the Board will present at the 9th Annual Biotech Showcase™ conference on Tuesday, January 10, 2017 at 4:30 p.m. PT in San Francisco, CA.
During his presentation, Mr. Bloch will provide a corporate update and discuss Bionik’s proprietary robotics upper and lower body development and commercial product portfolio focused on stroke rehabilitation and mobility solutions.
Mr. Bloch will also provide an overview of the Company’s near-term milestones expected over the course of 2017 including the launch of its next generation upper body commercial product line expected in the second quarter of 2017 and progression towards commercialization of three development products: InMotion AnkleBot™, for individuals suffering from problems of walking and gait associated with neurological disorders, a lower extremity product candidate for gait assistance for rehabilitation and ARKE™, a lower body exoskeleton is designed to allow paraplegics and other wheelchair bound individuals to walk and rehabilitate.
A live webcast of the presentation will be available on Bionik’s IR Calendar in the Investors section of the Company’s website (www.bioniklabs.com). The webcast replay will be available approximately two hours after the presentation and will be archived for 30 days.
About Bionik Laboratories
Bionik Laboratories (OTCQX:BNKL), is a global, pioneering robotics company focused on providing rehabilitation and mobility solutions to individuals with neurological disorders. The Company has a portfolio of products focused on upper and lower extremity rehabilitation for stroke and paraplegic patients, including three products on the market and four products in varying stages of development. The InMotion Systems - the InMotion ARM™, InMotion Wrist™, InMotion Hand™ and InMotion AnkleBot™, are designed to provide intelligent, patient-adaptive therapy in a manner that has been clinically verified to maximize neuro-recovery. Bionik is also developing a lower-body exoskeleton, ARKE™, designed to allow paraplegics as well as other wheelchair users the ability to rehabilitate through walking. ARKE is expected to be designed to continually adapt to a patient’s ability and provide real time feedback to the physiotherapist.
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. Forward-looking statements may include, without limitation, statements regarding (i) the plans and objectives of management for future operations, including plans or objectives relating to the design, development and commercialization of human exoskeletons and other rehabilitation products, (ii) a projection of income (including income/loss), earnings (including earnings/loss) per share, capital expenditures, dividends, capital structure or other financial items, (iii) the Company's future financial performance, (iv) the successful integration of IMT with Bionik and (v) the assumptions underlying or relating to any statement described in points (i), (ii), (iii) or (iv) above. Such forward-looking statements are not meant to predict or guarantee actual results, performance, events or circumstances and may not be realized because they are based upon the Company's current projections, plans, objectives, beliefs, expectations, estimates and assumptions and are subject to a number of risks and uncertainties and other influences, many of which the Company has no control over. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. Factors that may influence or contribute to the inaccuracy of the forward-looking statements or cause actual results to differ materially from expected or desired results may include, without limitation, the Company's inability to obtain additional financing, the significant length of time and resources associated with the development of our products and related insufficient cash flows and resulting illiquidity, the Company's inability to expand the Company's business, significant government regulation of medical devices and the healthcare industry, lack of product diversification, volatility in the price of the Company's raw materials, and the Company's failure to implement the Company's business plans or strategies. These and other factors are identified and described in more detail in the Company's filings with the SEC. The Company does not undertake to update these forward-looking statements.
Bionik Laboratories Corp. Investor and Media Contact: Jenene Thomas Jenene Thomas Communications, LLC (908) 996-0239 firstname.lastname@example.org
Released December 15, 2016