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Novartis licenses rights to Proteus' IP to develop drugs

Executive Summary

Novartis has licensed exclusive global rights to develop and market organ transplant drugs that incorporate Proteus Biomedical's (micro-electromechanical systems for congestive heart failure) sensor-based technologies.
Deal Industry
  • Medical Devices
  • Pharmaceuticals
  • Biotechnology
    • Nanotechnology, Chips, etc.
Deal Status
  • Final
Deal Type
  • Alliance
    • Includes Equity
    • R&D and Marketing (Licensing)

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