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Centogene Finalizes Receivables Transfer Deal

Centogene Finalizes Receivables Transfer Deal

Centogene N.V. (CNTG) has released an update.

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Centogene GmbH has entered into a KSA Receivables Transfer Agreement with Pharmaceutical Investment Company, where Centogene will transfer rights to receivables and associated rights under certain KSA Agreements. This move follows amendments to a previous loan agreement and is intended to be an absolute transfer, granting full benefits of ownership to the Pharmaceutical Investment Company without recourse to Centogene.

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