Amarantus BioSciences (AMBS) Inks License Agreement with Power3 (PWRM) for Parkinson’s Application
Amarantus Biosciences, Inc., a biotech company focused on developing a first-in-class disease–modifying therapeutic protein for the treatment of Parkinson’s disease, today announced it has signed an exclusive worldwide license agreement with Power3 Medical Products, Inc. for the NuroPro® Blood Test as it relates to Parkinson’s disease diagnosis. Per the initial one-year agreement, Amarantus has an exclusive license to develop, manufacture, have manufactured, use, market, sell and import medical devices and methods under the Power3 Parkinson’s Disease Intellectual Property (IP). Amarantus now also has an exclusive, royalty-free, fully paid-up worldwide license to Power3 know-how, patents and patent applications which relate to…