Hydromer licenses coating technology to international companies
Hydromer has entered into licence agreements with two non-US based medical device manufacturers.
In January 2013, an agreement was entered with a Chinese medical device company licensing the use of a proprietary Hydromer medical coating for use on Nelaton urinary self-catheters. The Chinese company intends to manufacture the catheters in China and sell the coated product globally.
Additionally, in early February 2013, an agreement was entered with a United Arab Emirates (UAE)-based medical device company licensing the use of two proprietary Hydromer medical coatings for use on percutaneous transluminal coronary angioplasty/percutaneous transluminal angioplasty catheters. This UAE-based medical device company intends to market their precision vascular access catheters in the Middle East and global markets.