BRITECH ASSISTS SMITH & NEPHEW AND LIFEWAVE IN JOINT DEVELOPMENT AGREEMENT
LifeWave Limited and Smith & Nephew Medical Limited entered into a joint development agreement with the valuable assistance of The Britech Fund, a support fund set up between the governments of Britain and Israel, which included significant financial assistance based on key project milestones.
The project, involving a randomised, double blind clinical trial to evaluate the use of Lifewave proprietary technology in the treatment of certain chronic wounds, has progressed well and now qualifies for the second grant payment from Britech.
Depending on the results of the trial, the two companies will develop products for wider commercialisation.
Both LifeWave and Smith & Nephew are delighted with the progress that has been made in both the trial, which has reached the halfway point in patient recruitment, and in their working relationship. Both companies wish to acknowledge the significant part played by Britech in facilitating the partnership and in helping to kick-start the project.
About Smith & Nephew
Smith & Nephew is a focused, high technology medical devices business with leading global market positions in its chosen sectors of Advanced Wound Management, Orthopaedics and Endoscopy.
Smith & Nephew contact details for questions: Julian Nicholas. +44 (0)1482 673919
About Lifewave
LifeWave developed, will manufacture and market three medical devices in the field of Wound Management and blood-flow enhancement. All three devices may have far reaching consequences in other medical fields
Lifewave contact details for questions: Eran Baniel 972 3 6095630
About Britech
Britech is the Britain-Israel Technology Foundation which is a government-backed bilateral organisation providing active support for collaborative research and development ventures between British and Israeli companies. The Britech Fund is contributed to jointly and equally by the UK and Israeli Governments and The Britech Foundation manages the Fund to award grants for collaborative ventures. Organisations seeking partners are invited to contact Britech as it is able to identify prospective technology partners for most companies and projects.
Information from: The Britech Foundation Limited, Wyvols Court, Swallowfield, Reading, Berkshire, RG7 1WY, UK.
Tel: +44 (0)118 988 0275
email: enquiries@britech.org Web: www.britech.org
Press Information (UK): Neil Marshall, Marshall Jennings PR Limited, Wyvols Court, Swallowfield, Reading, Berkshire, RG7 1WY, UK
Tel: +44 (0)118 988 0288 - Fax: +44 (0)118 988 0388
email: neil.marshall@mjpr.com Web: www.mjpr.com
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BRITECH ASSISTS SMITH & NEPHEW AND LIFEWAVE IN JOINT DEVELOPMENT AGREEMENT
LifeWave Limited and Smith & Nephew Medical Limited entered into a joint development agreement with the valuable assistance of The Britech Fund, a support fund set up between the governments of Britain and Israel, which included significant financial assistance based on key project milestones.
The project, involving a randomised, double blind clinical trial to evaluate the use of Lifewave proprietary technology in the treatment of certain chronic wounds, has progressed well and now qualifies for the second grant payment from Britech.
Depending on the results of the trial, the two companies will develop products for wider commercialisation.
Both LifeWave and Smith & Nephew are delighted with the progress that has been made in both the trial, which has reached the halfway point in patient recruitment, and in their working relationship. Both companies wish to acknowledge the significant part played by Britech in facilitating the partnership and in helping to kick-start the project.
About Smith & Nephew
Smith & Nephew is a focused, high technology medical devices business with leading global market positions in its chosen sectors of Advanced Wound Management, Orthopaedics and Endoscopy.
Smith & Nephew contact details for questions: Julian Nicholas. +44 (0)1482 673919
About Lifewave
LifeWave developed, will manufacture and market three medical devices in the field of Wound Management and blood-flow enhancement. All three devices may have far reaching consequences in other medical fields
Lifewave contact details for questions: Eran Baniel 972 3 6095630
About Britech
Britech is the Britain-Israel Technology Foundation which is a government-backed bilateral organisation providing active support for collaborative research and development ventures between British and Israeli companies. The Britech Fund is contributed to jointly and equally by the UK and Israeli Governments and The Britech Foundation manages the Fund to award grants for collaborative ventures. Organisations seeking partners are invited to contact Britech as it is able to identify prospective technology partners for most companies and projects.
Information from: The Britech Foundation Limited, Wyvols Court, Swallowfield, Reading, Berkshire, RG7 1WY, UK.
Tel: +44 (0)118 988 0275
email: enquiries@britech.org Web: www.britech.org
Press Information (UK): Neil Marshall, Marshall Jennings PR Limited, Wyvols Court, Swallowfield, Reading, Berkshire, RG7 1WY, UK
Tel: +44 (0)118 988 0288 - Fax: +44 (0)118 988 0388
email: neil.marshall@mjpr.com Web: www.mjpr.com
No comments yet. Be the first.
Leave a reply