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Smith & Nephew

Smith & Nephew, Q-MED enter license and supply agreement to develop osteoarthritis treatment

Published in Pharma Investments, Ventures and Law Weekly, July 30th, 2006

Smith & Nephew Orthopaedics Trauma & Clinical Therapies (SNN) and Q-MED AB announced that they have formed a strategic alliance to develop and commercialize Q-MED's proprietary technology for the production of stabilized nonanimal hyaluronic acid, NASHA for orthopedic uses.

The purpose of the transaction is to explore Q-MED's technology for the management of osteoarthritis in joints and to explore other orthopedic uses and diseases.

The two companies have entered into a licensing and supply agreement under which Q-MED AB has granted Smith & Nephew Inc. the global exclusive right to market, sell and distribute Durolane and other products intended for...

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