Brief: MiMedx Announces Wound & Surgical Product Pipeline Expansion On Agreement With Turn Therapeutics

MiMedx

08/12/2022 14:35

Dec 8 (Reuters) - MiMedx Group Inc  MDXG.O :
    * MIMEDX ANNOUNCES WOUND & SURGICAL PRODUCT PIPELINE
EXPANSION VIA
IN-LICENSING AND DISTRIBUTION AGREEMENT WITH TURN THERAPEUTICS
    * MIMEDX GROUP INC - AGREEMENT PROVIDES MIMEDX WITH
EXCLUSIVE
RIGHTS TO TURN'S PERMAFUSION® PROPRIETARY ANTIMICROBIAL
INTELLECTUAL PROPERTY (IP)
    * MIMEDX GROUP INC - UNDER TERMS OF AGREEMENT, CO HAS
EXCLUSIVE
RIGHTS TO DEVELOP FUTURE PRODUCTS FOR WOUND CARE, BURN, SURGICAL
FIELDS USING TURN'S IP
    * MIMEDX GROUP INC - TURN WILL RECEIVE AN UPFRONT CASH
PAYMENT AND
IS ENTITLED TO FUTURE PAYMENTS UPON MEETING OF REGULATORY,
PRODUCT COMMERCIAL MILESTONES

Source text for Eikon:  ID:nGNX43Y608 
Further company coverage:  MDXG.O 
 ((Reuters.Briefs@thomsonreuters.com;))