The Erlangen/
Germany-based biotechnology company
november AG and the Swedish medical technology
corporation MediRox AB intensify their collaboration, which
was initiated in January 2001.
This most recent agreement between the two companies
grants exclusive rights to MediRox for further development
and
marketing of novi quick®, a system developed by
november AG for self-control of anticoagulation treatment.
In return, november AG will receive a percentage of
sales
as well as a significant share of the Swedish hemostasis
specialist.
he novi quick® technology allows physicians and patients
easy and safe surveillance of the treatment, for instance
after the implantation of artificial
heart valves, after
thrombosis or as
stroke prophylaxis. MediRox already is
exclusive supplier of quality
reagents, and a strategic
partner for R&D and sales of this system. The Swedish
medical technology company plans to further develop and
market the novi quick® technology in various application
systems. The broad distribution network of MediRox in
Scandinavia through its wholly owned subsidiary ILS
laboratories Scandinavia and its close ties to
hospitals will
serve as an excellent foundation.
For MediRox, the agreement allows a broader application of
its proprietary technology in the area of circulatory
disorders with increased focus on global diagnostic
procedures and identification of
drug candidates.
For november AG (WKN 676290), listed at the "Neuer
Markt" segment of the German stock-exchange, the
exclusive
licensing of the novi quick® technology to
MediRox AB signifies another important step in focussing
on its core business of molecular
diagnosis and molecular
therapy, a broadening of the cooperation on an
international basis and a contribution to secure future
benefits in the field of anticoagulation.