Knutsford-based Crawford secures Canadian exclusivity deal
Wound-care company Crawford Healthcare has signed a new deal with Canada-based Exciton Technologies to strengthen its place in the global healthcare market.
The agreement will see the rights for advanced materials developer Exciton’s silver oxysalt technology, designed for antimicrobial wound treatment, awarded to Crawford Healthcare.
While Crawford has been working with Exciton under licence for the last three years, the company moved to sign a global exclusivity agreement following what it called a “dramatic market response” to the use of the patented technology in the UK and US.
Crawford Healthcare’s CEO, Richard Anderson, said of the deal: “This exclusivity agreement strengthens our position as a new market leader with a cornerstone technology that has enhanced our rapid growth in recent years.
“Developing products with the only technology internationally proven to kill bacteria resistant to silver firmly secures our position as the fastest growing business in the wound care market.”
He added: “We now have an unrivalled antimicrobial platform to tackle the issue of secondary infections faced by clinicians the world over, which will boost our portfolio significantly and bolster our global growth.”
The agreement will also enable Crawford to expand the technology into other wound dressings and formats, including products for bed sores diabetic ulcers.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution
Construction must be built on commercial discipline
Devolution needs financial firepower to drive growth
The value of creating a stronger careers route