Sanara MedTech Inc. Announces Exclusive License and Distribution Agreement with, and Minority Investment in, Biomimetic Innovations Ltd
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Sanara MedTech Inc. has announced an exclusive license and distribution agreement with Biomimetic Innovations Ltd, along with a minority investment. This deal involves OsStic® and related technologies, which are expected to address over 100,000 procedures annually in the U.S. The agreement leverages Sanara's existing commercial infrastructure and complements its surgical portfolio.
January 21, 2025 | 9:30 pm
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Sanara MedTech Inc. has entered into an exclusive license and distribution agreement with Biomimetic Innovations Ltd, including a minority investment. This partnership involves OsStic® technologies, which are expected to enhance Sanara's surgical portfolio and leverage its commercial infrastructure.
The exclusive agreement and minority investment in Biomimetic Innovations Ltd is likely to positively impact Sanara MedTech's stock in the short term. The partnership enhances Sanara's product offerings and leverages its existing infrastructure, potentially increasing its market share and revenue.
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IMPORTANCE 85
RELEVANCE 90