Bactiguard enters development partnership in the dental field
Bactiguard today entered an agreement to initiate a global development partnership with Dentsply Sirona in the dental field, a new application area for the Bactiguard technology.The initial development phase, which is expected to last approximately one year, can generate USD 0.9 million in development and milestone related revenues for Bactiguard. Thereafter, the partnership can evolve into a license agreement, with conditional milestone-related payments of USD1.1 million linked to regulatory approvals. In line with Bactiguard's current licensing agreements, the agreement with Dentsply