BioSphere Medical to collaborate with DuPont Applied Biosciences
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; )
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