Dec 19 (Reuters) - Bactiguard Holding AB BACTIb.ST:
ANNOUNCES UPDATED TRAUMA LICENSE AGREEMENT WITH ZIMMER BIOMET
REGAINS REMAINING GLOBAL RIGHTS WITHIN TRAUMA
NEW AGREEMENT NO LONGER INCLUDES ANNUAL MINIMUM ROYALTIES
WILL RECEIVE A QUARTERLY FIXED FEE FROM ZIMMER BIOMET
ON ANNUAL BASIS, FIXED FEES REPRESENT NO LESS THAN HALF OF MINIMUM ROYALTY AMOUNT IN PREVIOUS GLOBAL TRAUMA AGREEMENT
UPDATED AGREEMENT HAS NO NEGATIVE IMPACT FOR 2025
Source text: ID:nWkr16Y3cv
Further company coverage: [BACTIb.ST]
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))