Medtech Insight is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Haemonetics expands use of Arryx's optical trapping technology:

This article was originally published in Clinica

Executive Summary

Braintree, Massachusetts-based Haemonetics has received expanded rights to use Arryx's optical trapping technology in a broader range of blood processing applications. The amended agreement will see Haemonetics make a one-off payment of $3m to Arryx for increased access to its technology. In addition, as agreed in the previous contract, Arryx will also receive milestone payments totalling a potential $12.4m for development and regulatory achievements. The two companies first entered a collaborative agreement in October last year, in which Haemonetics was granted an exclusive worldwide licence to Arryx's technology. The former also made a $5m equity investment in the Chicago, Illinois company.

Advertisement

Topics

Advertisement
UsernamePublicRestriction

Register

MT056853

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel