BioSphere Medical to collaborate with DuPont Applied Biosciences

giovedì 20 dicembre 2007 22:32

Dec 20 (Reuters) - BioSphere Medical Inc BSMD.O said it agreed to collaborate with DuPont's (DD.N: Quotazione) unit, DuPont Applied BioSciences, to evaluate potential peripheral vascular and embolotherapy research, development, and manufacturing engineering projects.

Under the agreement, BioSphere has agreed to make payments to DuPont of up to $500,000 based upon the achievement of specified milestones, the company said in a statement. (Reporting by Dhanya Skariachan in Bangalore; )