Brief: Collplant And United Therapeutics Announce Collaboration To Include 3D Bioprinting Of Human Kidneys For Transplant

Collplant Biotechnologies

21/09/2020 12:18

Sept 21 (Reuters) - Collplant Biotechnologies Ltd  CPTGy.F :
    * COLLPLANT AND UNITED THERAPEUTICS ANNOUNCE EXERCISE OF
OPTION
THAT WILL EXPAND THEIR COLLABORATION TO INCLUDE 3D BIOPRINTING
OF HUMAN KIDNEYS FOR TRANSPLANT
    * UNITED THERAPEUTICS CORP - PAID COLLPLANT $3 MILLION FOR
OPTION
EXERCISE
    * UNITED THERAPEUTICS CORP - COLLPLANT RECEIVED AN UPFRONT
PAYMENT
OF $5 MILLION AND WILL RECEIVE MILESTONE PAYMENTS OF UP TO $15
MILLION
    * UNITED THERAPEUTICS - COLLPLANT WILL ALSO BE ENTITLED TO
ROYALTIES ON SALES OF COMMERCIALIZED PRODUCTS COVERED BY PATENTS
LICENSED FROM COLLPLANT

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