Press Release: Shape Memory : Shape Memory Medical Announces Sublicense of Intellectual Property

SANTA CLARA, Calif.--(BUSINESS WIRE)--Shape Memory Medical Inc. announced today that it has entered into a sublicense agreement with a global MedTech market leader. Under the agreement, Shape Memory Medical will sublicense its proprietary shape memory polymer technology for a narrow indication in a therapeutic area outside of Shape Memory Medical's cardiovascular, endovascular and neurovascular focus, in return for an upfront license payment, and future milestones and royalties. While pursuing