Orthofix/Stout partnership
This article was originally published in The Gray Sheet
Executive Summary
Orthofix announces partnership with Stout Medical Group for the development and marketing of a new expandable vertebral body replacement for corpectomy procedures that require the removal of one or more vertebral bodies damaged by cancer or trauma. Under the deal announced July 22, Orthofix gains exclusive global licensing rights to the new device, which the firms expect to launch in late 2010. The initial term of the agreement is 15 years