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News Breaks
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November 2, 2009
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| 09:02 EDT |  | CYBX |
| theflyonthewall.com: | Cyberonics announces epilepsy technology collaboration | | Cyberonics announced another in a series of collaborations around seizure detection technology aimed at advancing its development of new and more efficacious medical devices for persons suffering from epilepsy. On October 19, Cyberonics entered into two agreements with Flint Hills Scientific L.L.C., a world leader in real-time detection and quantification of epileptic seizures through cardiac signal detection and processing. The agreements include a license under certain patents and patent applications, along with an option to license related inventions, and a framework for collaborative research and product development. The license agreement provides for up-front and annual payments, as well as future royalty payments based on net sales of licensed products. :theflyonthewall.com |
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