Medtronic will act as the exclusive sales agent of MagnetOsTM for Kuros Biosciences USA, Inc. in mutually agreed upon sales territories for use in spine surgeries
Kuros will work collaboratively to sell, market and provide support services to Medtronic’s sales force
Kuros will keep responsibility for contracts, hospital partnerships and the recognition of revenue from sales
Kuros will continue to sell directly in non-contracted territories as well as in markets outside of spine
This agreement transforms an initial trial agreement into a strategic alliance
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