Zimmer Biomet makes license deal worth up to $5M — 3 things to know

Angie Stewart -   Print  |

Zimmer Biomet entered into a global license agreement with Bactiguard, an infection prevention technology company based in Sweden.

Three things to know:

1. Zimmer Biomet will apply Bactiguard's infection prevention technology to its orthopedic trauma implants.

2. The agreement entails a $3 million upfront license fee, with an additional $2 million contingent upon U.S. regulatory clearance and net sales after commercialization.

3. The use of Bactiguard's infection prevention technology on orthopedic trauma implants was CE marked in December 2018.

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