Sofamor licenses deep brain stimulation know-how
This article was originally published in Clinica
Advanced Neuromodulation Systems has licensed Sofamor Danek as its strategic partner in developing and marketing the Deep Brain Stimulation (DBS) technology to be used to mitigate certain disorders of the brain. Advanced will receive $4 million upon signing the agreement, with a further $8 million in $2 million milestone payments, plus a royalty. Sofamor will carry the expense of regulatory approvals.