Bactiguard and Zimmer Biomet sign exclusive global license agreement

Bactiguard entered into an exclusive global license agreement with Zimmer Biomet to use Bactiguard's infection prevention coating on orthopedic trauma implants. The agreement includes a $3 million upfront payment and up to $2 million in contingent payments plus royalties.

“The agreement calls for a $3 million payment to Bactiguard at signing plus $2 million in additional payments contingent on U.S. regulatory clearances and post-commercialization royalties on net sales.”orthotw.com

• 1 source
• orthotw.comBactiguard & Zimmer Biomet Sign Exclusive Global License Agreement | Orthopedics This WeekKim DelMonicoOct 31, 2019

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