Brief: Zimmer Biomet Ends License Deal with Bactiguard for Orthopedic Products
02/10/2024 13:36
Oct 2 (Reuters) - Bactiguard Holding AB BACTIb.ST :
* ZIMMER BIOMET TERMINATES AGREEMENT FOR MULTIPLE ORTHOPEDIC PRODUCT SEGMENTS - TRAUMA
AGREEMENT
REMAINS IN EFFECT
* MORE COMPLEX AND LENGTHIER PATH WITH US FOOD AND DRUG ADMINISTRATION (FDA) THAN INITIALLY
EXPECTED BY ZIMMER BIOMET
* THERE WILL BE NO NEGATIVE FINANCIAL IMPACT FOR BACTIGUARD FOR 2024 RELATED TO THIS
TERMINATION
Source text for Eikon: ID:nWkr4kJFVl
Further company coverage: BACTIb.ST
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