other material
confidence high
sentiment positive
materiality 0.55
Bone Biologics secures exclusive DBM supply from MTF for rhNELL-1 spine fusion product
Bone Biologics Corp
- Exclusive supply agreement with MTF Biologics for demineralized bone matrix (DBM) as carrier for rhNELL-1 bone graft substitute.
- DBM will supply planned 30-patient pilot study and subsequent U.S. pivotal study in spine fusion.
- Five-year term with extension option; targeting the $3 billion spine fusion market.
- Also amended bylaws: stockholders with 15% voting power can call special meetings; exclusive Delaware forum for certain actions.