SpineGuard signed an exclusive licensing agreement with Adin Dental Implant Systems for the use of SpineGuard's Dynamic Surgical Guidance technology.
Here are five insights:
1. Adin develops, manufactures and sells products and services in the dental field, offering technological solutions to customers worldwide.
2. The licensing agreement identifies three major dental applications for DSG, estimating a potential for 8 million dental procedures.
3. Other terms of the agreement include technology transfer, product development support, milestones and royalty payments.
4. Pierre Jérôme, CEO and co-founder of SpineGuard, said, "This licensing agreement is a big step forward for SpineGuard as it demonstrates the potential for our DSG technology beyond spine surgery."
5. Eyal Milman, CEO and co-founder of Adin, said, "This collaboration with SpineGuard is an important step toward making this innovative technology accessible to Adin's patients and [physicians]."