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Osteotech Completes Tissue Supply Agreement With LifeNet Health

Published in Blood Weekly, November 1st, 2007

Osteotech, Inc. (NASDAQ:OSTE) announced that it has entered into a tissue supply agreement with LifeNet Health, Inc. Pursuant to the agreement, LifeNet Health will provide Osteotech with tissue which will be utilized by Osteotech for its core DBM, Biocomposite and Collagen Technologies. The agreement was effective September 1, 2007, has an initial five-year term which can be terminated earlier by either party on six months notice, and automatically renews for successive two-year terms unless terminated by either party six months prior to renewal. Osteotech currently has an agreement with LifeNet Health and its distribution partner, Depuy Spine, for the processing and distribution of a...

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