Ann: Appendix 3B Leon Hoare, page-8

  1. 6,319 Posts.
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    Moosey, this is what has happened since 2014…..

    Annual Report 2015

    PolyNovo’s focus over the next twelve months will be to…
    advance our Bone Void Filler agreement with Smith & Nephew towards a commercial application.



    Annual Report 2016

    Whilst PolyNovo has an agreement with Smith & Nephew for the use of the bone void filler in orthopaedic applications, this has not progressed in the past year. Smith & Nephew remains interested in developing the product within the orthopaedic applications and PolyNovo will pursue advancement of this licence.


    Annual Report, 2017

    PolyNovo has a licence agreement with Smith & Nephew for the use of NovoSorb two-part polymer for bone void filler in orthopaedic applications. Smith & Nephew have not progressed this product through the commercial phase and we will review the status of this agreement in due course.


    Annual Report, 2018

    PolyNovo has a licence agreement with Smith & Nephew for the use of NovoSorb two-part polymer for bone void filler in orthopaedic applications. Smith & Nephew have not progressed this product through the commercial phase and we will review the status of this agreement in due course.

    It’s an unfortunately all-too-familiar story when very small companies deal with very big companies.

    S & N’s loss, I say.
 
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