Malden, Mass.-based AxioMed adjusted terms of its previously signed exclusive license agreement with patent holder DSM Biomedical.
Here are three key points:
1. AxioMed now owns a 15-year exclusive viscoelastic material license on its proprietary Freedom Disc technology.
2. The Freedom Disc features DSM's polymer technology.
3. Boston-based KICVentures acquired AxioMed in 2014.