Licensing Deal

Bactiguard Ab And Zimmer Biomet Expand Global License Partnership

February 11,2022 10:03 AM
- By Admin

Bactiguard, a Swedish medical device company, and Zimmer Biomet have agreed to expand the global license partnership, that was initiated in 2019, to cover multiple product segments.

The extended exclusive license agreement covers implants for joint reconstruction (hips and knees), sports medicine, craniomaxillofacial and thoracic applications. It includes license and development fees of USD 1.5 million payable in 2022, additional contingent milestone payments of USD 7.5 million based on U.S. regulatory clearance for different product categories, and royalties on net sales following commercialization.  

“Our partnership with Zimmer Biomet has developed in a very positive way over the past two and a half years. Less than two years from the start, we were able to launch ZNN Bactiguard trauma implants in Europe, and we have now agreed to expand the scope across Zimmer Biomet’s product range. This is a major step forward and clearly positions the Bactiguard technology in the orthopaedic space, which has been a top priority for us,” says Anders Göransson, CEO.

“I am both excited and proud of our partnership and confident that it will lead to better patient outcomes. It also has the potential of expanding Bactiguard’s license business significantly and making a substantial contribution to our license revenues, once we have passed the regulatory phase,” Anders Göransson concludes.

In September 2019, Bactiguard and Zimmer Biomet partnered to develop orthopaedic trauma implants with the Bactiguard technology, to prevent post-operative infections. European regulatory clearance was obtained in January 2021, based on Bactiguard’s EC-certified Orthosyn trauma implant. The ZNN Bactiguard implants were launched in Europe and other select MEA markets in the second quarter of 2021. The registration process in the US and other major markets is ongoing.

The global license agreement has now been extended to also include implants for joint reconstruction (hips and knees), sports medicine, craniomaxillofacial and thoracic applications.  Which products to prioritize first in the development and registration processes will be defined in the next phase. The agreement does not cover the product portfolio (dental and spine applications) that is planned to be spun off by Zimmer Biomet to ZimVie.

Bactiguard is a Swedish medical device company with a mission to save lives. To achieve this mission, the company develop and supply infection prevention solutions which reduce the risk of infections and the use of antibiotics