Vericel Licenses Products for Distribution in Southeast Asia

Vericel entered into a license agreement whereby Innovative Cellular Therapeutics (ICT) will obtain exclusive rights to develop and distribute Carticel® and MACI® in Greater China, Singapore, South Korea and other countries in the region.

Vericel will receive an initial payment of US $6.0MM, with a potential additional $8.0MM in...

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Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.

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