Bactiguard Holding AB logo

BACTI B - Bactiguard Holding AB News Story

SEK177 -0.5  -0.3%

Last Trade - 4:29pm

Sector
Healthcare
Size
Mid Cap
Market Cap £517.7m
Enterprise Value £538.9m
Revenue £18.5m
Position in Universe 403rd / 1786

BRIEF-Bactiguard Signs Global License Agreement With Zimmer Biomet

Fri 27th September, 2019 6:32am
Sept 27 (Reuters) - Bactiguard Holding AB  BACTIb.ST :
    * BACTIGUARD SIGNS GLOBAL LICENSE AGREEMENT WITH ZIMMER
BIOMET
    * HAS ENTERED INTO AN EXCLUSIVE, GLOBAL LICENSE AGREEMENT
FOR
ORTHOPEDIC TRAUMA IMPLANTS WITH ZIMMER BIOMET
    * AGREEMENT INCLUDES AN UPFRONT LICENSE FEE OF USD 3 MILLION
PAYABLE AT SIGNING, ADDITIONAL CONTINGENT PAYMENTS OF USD 2
MILLION
    * OUR NEW, GLOBAL PARTNERSHIP HAS POTENTIAL OF EXPANDING
BACTIGUARD'S CURRENT LICENSE BUSINESS SIGNIFICANTLY AND MAKING A
SUBSTANTIAL CONTRIBUTION TO OUR LICENSE REVENUES, BOTH IN NEAR
TERM AND IN A LONGER PERSPECTIVE

Source text for Eikon:  ID:nWkr8L3tPW 
Further company coverage:  BACTIb.ST 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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