"We have built a pipeline of prospective business based off interest in the new generation InMotion Arm over the last several months and are actively engaging in those conversations, as well as others, now that the robots are commercially available for sale and the first units have been delivered to customers," said Dr. Eric Dusseux, CEO, Bionik Laboratories. "We believe partnering with the experts at Cogmedix will allow us to better manage manufacturing costs and allow us to produce our technologies at scale as we continue conversations globally with leading rehabilitation facilities and medical clinics that are seeking innovative technologies to improve the patient rehabilitation process."

Cogmedix is registered with the FDA and compliant to the FDA Quality Systems Regulation (21 CFR 820), and is ISO 13485:2016 certified, making them a key partner as Bionik Laboratories seeks to expand penetration of their products across the globe.


"We are very pleased to have been selected by Bionik Laboratories as the manufacturing partner for their innovative InMotion Arm robotics systems, and to help provide therapeutic solutions to stroke patients seeking to regain mobility around the world," said Matt Giza, Executive Vice President and General Manager of Cogmedix. "Our turnkey manufacturing services allow us to provide high quality, compliant, and cost-effective solutions to our customers, and we look forward to a successful long-term partnership with Bionik Laboratories."

The original InMotion Arm is used daily in more than 20 countries to help stroke survivors and those with other neurological conditions to regain arm movement by training shoulder protraction/retraction, flexion/extension, abduction/adduction, internal/external rotation, and elbow flexion/extension. The new generation InMotion Arm Therapy remains the same, developed according to the principles of motor learning and neuro-plasticity. InMotion Arm therapy guides the patient through specific tasks, aiming to improve motor control of the arm by increasing strength, range of motion, and coordination, and assisting with the provision of efficient, effective, intensive sensorimotor therapy.

To learn more about the improved InMotion Arm, please visit our website.

About Bionik Laboratories

Bionik Laboratories (OTCQB:BNKL) is a robotics company focused on providing rehabilitation and mobility solutions to individuals with neurological and mobility impairments from hospital to home. The Company has a portfolio of products focused on upper and lower extremity rehabilitation for stroke and other mobility-impaired patients, including three products on the market and four products in varying stages of development.

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