Altracel licenses wound care tech to HemCon

22 July 2007

Dublin, Ireland-based Altracel Pharmaceuticals, a specialist health care innovation group, says that its Czech subsidiary Nanopeutics has licensed its chitosan-based Nanospider wound care technology to US military hemorrage control specialist HemCon Medical Technologies. The deal, financial terms of which were not provided, follows the successful completion of product testing in both the USA and Czech Republic earlier this year.

Additionally, Altracel announced that it has created a new health care services division, designed to provide it with increased research, clinical trial and developmental capabilities. The new unit will also offer these services to external organizations, and is expected to begin generating revenue by the end of the year.

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