Mundelein, Ill.-based Medline has entered an agreement with Bedford, Mass.-based Anika Therapeutics where the distributor will exclusively distribute Anika's advanced wound care product, Hyalomatrix, in the United States.
Anika will receive product payment and royalty revenues from Medline's sales of the product.
"The commercialization of Hyalomatrix by Medline in the United States is an important milestone achievement in our efforts to expand Anika's advanced wound care product franchise," said Anika president and CEO Charles Sherwood in a news release.
The agreement will run through 2019.
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