Inmedica Development Corp (IMDD)
GENERAL. InMedica Development Corporation ("InMedica" or the "Company") was incorporated as a Utah corporation on June 16, 1983. During the last three fiscal years, InMedica's primary activity has been the operation of the business of MicroCor, Inc. ("MicroCor"), a 57% owned subsidiary, and the negotiation and finalization of a Joint Development Agreement (the "Agreement") with Wescor, Inc., a Logan, Utah based medical technology company ("Wescor"). Pursuant to the Joint Development Agreement, Wescor purchased a minority position in MicroCor and undertook further research and development work on the Company's hematocrit technology. MicroCor was originally acquired...
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