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U of Akron licenses medical device technology to 21MedTech

By Jesse Schwartz
Published: February 7th, 2018

The University of Akron (UA) has licensed out technologies related to regenerative medicine and 3D printing to 21 MedTech, a developer of healthcare innovations.

Developed by UA researcher Matthew Becker, the technologies include unique degradable amino acid-based polyester ureas and functional polypropylene fumarates. Under the terms of the agreement, UA will receive upfront royalty payments, ongoing royalties and research funding.

The deal with 21MedTech represents one of the university’s most significant licensing agreements in its 148-year history, although its total value was not disclosed.

“It’s particularly rewarding to see the translation of our fundamental research into therapies and devices designed to help people in such a vast number of indications,” says Becker. “These are disruptive technologies, and we are pleased to be working with the medical device and pharmaceutical veterans at 21MedTech.”

Source: The University of Akron

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