AxioMed grasps 15-year exclusive license on proprietary viscoelastic material: 3 key points

Malden, Mass.-based AxioMed adjusted terms of its previously signed exclusive license agreement with patent holder DSM Biomedical.

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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.

 

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