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Agriculture
Lescarden Enters into Distribution Agreement for Catrix(R) Wound Dressing in Thailand and Malaysia
February 29th, 2008
Lescarden Inc. (LCAR:OB) announced that it had entered into an agreement with NanoASIA Company Limited of Bangkok, Thailand granting NanoAsia a 10 year exclusive license to market Lescarden's proprietary product, CATRIX(R) WOUND DRESSING in Thailand and Malaysia. The Companies are collaborating to perfect the required marketing applications to the local regulatory authorities. It is anticipated that the marketing of Catrix(R) Wound Dressing will commence in the fourth quarter of this year. Catrix(R) Wound Dressing is a specially processed bovine cartilage product in the form of a fine, white powder. The Wound Dressing is approved by the FDA for the...
Source: Health Business Week (2008-02-29)
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