Viromed Medical AG reaches milestone for cooperation with multinational corporation [Yahoo! Finance]
TDK CORP S/ADR (TTDKY)
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Source: Yahoo! Finance
cooperation with a multinational corporation announced via ad hoc notification on 11 December 2024. The subject of the agreement now concluded is, in particular, the granting of a European license right in favour of Viromed Medical AG for the use of cold atmospheric pressure plasma in medicine. By granting the license rights, Viromed Medical AG is considered a manufacturer of ViroCAP® systems for use in dermatology within the meaning of the Medical Device Regulation (MDR). All intellectual property (IP) rights and the resulting patents and exploitation rights from the two companies' studies on the use of the PulmoPlas® system in pulmonary medicine are held solely by Viromed Medical AG. relyon plasma GmbH, a subsidiary of TDK Electronics AG, will produce both the ViroCAP® systems and the PulmoPlas® systems on behalf of Viromed Medical. The special approval by the Federal Institute for Drugs and Medical Devices (BfArM) for the medical device PulmoPlas® for the treatment of ventilator-
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