BTG licenses hip cup patents to Wright Medical:
This article was originally published in Clinica
Executive Summary
UK company BTG has licensed its two-part hip cup patents to Arlington, Tennessee-based Wright Medical Technology, in return for a licence fee and royalty payments. The London-based company says the two-part hip cup allows for more accurate positioning which helps to prevent hip joint dislocation. It further claims that the invention is a key component in around 90% of the hip prosthesis market, which is estimated at over $900m.