Parker-Hannifin signs exclusive licensing agreement with Vanderbilt University Parker Hannifin announced that it has signed an exclusive licensing agreement with Vanderbilt University for its exoskeleton technology, which allows individuals with severe spinal cord injury to walk and enhances rehabilitation for people who have suffered a stroke. The agreement gives Parker exclusive rights to develop, manufacture and sell the device. Parker intends to invest in further development of the technology and establish a business unit targeting commercial launch of the exoskeleton device in 2014.
News For PH From The Last 14 Days
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On The Fly: Analyst Initiation Summary Today's noteworthy initiations include: Fairway Group (FWM) initiated with an Outperform at Credit Suisse... Hannon Armstrong Sustainable (HASI) initiated with an Outperform at RW Baird... EPL Oil & Gas (EPL) initiated with a Buy at KeyBanc... Spark Networks (LOV) initiated with an Outperform at William Blair... Parker-Hannifin (PH) initiated with a Buy at BofA/Merrill.
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