Article: Companies extend relationship for development of spinal disc repair product.

2004 JAN 11 - (NewsRx.com & NewsRx.net) -- Protein Polymer Technologies, Inc. (PPTI), and Spine Wave, Inc., announced the extension of the contractual research and development (R&D) relationship between the two companies for the development of spinal disc repair product.

PPTI estimates it will receive from Spine Wave approximately $1.2 million in R&D payments under the revised agreement.

Under the amended Supply and Services Agreement, PPTI, on behalf of Spine Wave, is continuing product characterization studies, and preparations for the supply of product to be used in human clinical trials following required regulatory approvals.

During the ...

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