Acrobot/Corin
This article was originally published in The Gray Sheet
Executive Summary
Corin Group will distribute Acrobot's Acrobot Navigation electromagnetic navigation system for hip resurfacing surgeries in the UK, Germany and Australia. Under the agreement announced May 27, Corin will buy the systems from Acrobot and market them alongside its Cormet hip resurfacing system.The agreement is London-based Acrobot's first commercial route-to-market agreement. Corin and Acrobot have been cooperating to adapt Acrobot's system for hip resurfacing since 2004, and at the end of 2007 Corin owned about 10% of the company. Acrobot's other partners include Biomet, Stanmore Implants and the Imperial College London