other material
confidence high
sentiment positive
materiality 0.70
Turn Therapeutics enters global supply and development pact with Medline for PermaFusion platform
Turn Therapeutics Inc.
- Turn grants Medline exclusive worldwide license to use Turn's 510(k) clearance for wound-care field-of-use.
- Medline to lead global commercialization across 100+ countries; Turn provides formulation expertise, IP, and clinical development.
- Initial term of three years with automatic one-year renewals; exclusivity subject to undisclosed volume thresholds.
- Parties to collaborate on line extensions (foams, films, hydrogels, ointments, dressings) incorporating PermaFusion technology.
- Public announcement required within 72 hours of October 23, 2025 effective date.