Licensee to be found for Mayo orthopaedic project
This article was originally published in Clinica
Executive Summary
Under a proposed consent agreement with the US Federal Trade Commission, Wright Medical Technology is to grant the Mayo Foundation a licence to assets relating to Orthomet's business of developing orthopaedic implants for the hand. Orthomet, which is being acquired by Wright (see Clinica No 630, p 15), has been working with Mayo to develop such implants. The proposed consent decree will free Mayo to find an additional non-exclusive licensee.