GAINESVILLE, Fla.--(BUSINESS WIRE)--Quick-Med Technologies, Inc. (OTCBB: QMDT) (“QMT” or the “Company”) is pleased to announce that it has signed a patent license agreement with the University of Michigan (“U-M”) that significantly expands the Company’s MultiStat™ technology – its patented family of compounds for the cosmetic treatment of skin conditions, including chronological aging and photo-aging. The license grants QMT the exclusive right to commercialize important U-M patents in the field of cosmetic products.
