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BRIEF-Neovasc Announces Licensing Agreement With Penn Medicine And Gorman Cardiovascular Research Group

Published 2018-08-03, 05:46 p/m
© Reuters.  BRIEF-Neovasc Announces Licensing Agreement With Penn Medicine And Gorman Cardiovascular Research Group
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Aug 3 (Reuters) - Neovasc Inc NVCN.TO :

* NEOVASC ANNOUNCES COLLABORATION AND LICENSING AGREEMENT WITH PENN MEDICINE AND THE GORMAN CARDIOVASCULAR RESEARCH GROUP

* NEOVASC INC - AGREEMENT DOES NOT IMPACT EITHER PENN OR NEOVASC'S PATENT RIGHTS

* NEOVASC - COLLABORATION AND LICENSING AGREEMENT CONTEMPLATES PERIOD OF COLLABORATION OVER NEXT 4 YEARS WITH FEES BEING PAID BY NEOVASC TO PENN

* NEOVASC INC - AGREEMENT RESOLVES CERTAIN POTENTIAL CLAIMS AGAINST CO

* NEOVASC INC - FOLLOWING FIRST COMMERCIAL SALE OF TIARA, NEOVASC WILL PAY A STEPPED ROYALTY ON TIARA REVENUES

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