Artimplant And Small Bone Innovations, Inc. Revise Terms of Five License, Supply and Distribution Agreements

VÄSTRA FRÖLUNDA, Sweden--(BUSINESS WIRE)--Artimplant and Small Bone Innovations, Inc. (SBi) have agreed to amend and consolidate the terms of five different License, Supply and Distribution agreements relating to the Artelon® range of biodegradable spacers. The agreements have been converted to non-exclusive in exchange for lower minimum sales commitments from SBi. Artimplant has committed to support SBi with additional clinical documentation in exchange for a higher share of profit from SBi sales. The revisions are retroactive to January 1, 2009.
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