Brief: Ortoma Signs Agreement For Exclusive Distribution Rights In Japan

Ortoma AB

21/12/2021 19:09

Dec 21 (Reuters) - Ortoma AB  ORTb.TE :
    * ORTOMA SIGNS AGREEMENT FOR EXCLUSIVE DISTRIBUTION RIGHTS
IN
JAPAN
    * ORTOMA - SIGNS AGREEMENT WITH JOHNSON & JOHNSON K.K. FOR
EXCLUSIVE DISTRIBUTION RIGHTS IN JAPAN OF ORTOMA TREATMENT
SOLUTION FOR HIP SURGERY
    * ORTOMA - AGREEMENT IS VALID FOR AN INITIAL TERM OF SEVEN
YEARS
    * ORTOMA - JOHNSON & JOHNSON K.K. WILL EVALUATE PRODUCTS
CLINICALLY DURING AN INITIAL PILOT PERIOD IN 2022 AGREED UPON BY
PARTIES
    * ORTOMA - AGREEMENT INCLUDES COMMERCIAL TERMS FOR EXCLUSIVE
DISTRIBUTION RIGHTS IN JAPAN OF OTS FOR HIP REPLACEMENT SURGERY
    * ORTOMA - JOHNSON & JOHNSON K.K. HAS RIGHT TO TERMINATE
AGREEMENT
TWO YEARS AFTER REGULATORY APPROVAL

Source text for Eikon:  ID:nWkr19Wj8S 
Further company coverage:  ORTb.TE 

 ((Reuters.Briefs@thomsonreuters.com;))