Encision signs supply agreement with J&J’s Auris Health

Encision today announced that it has entered a supply agreement with Johnson & Johnson (NYSE:JNJ) robotic surgery subsidiary Auris Health .

Through the agreement, Auris Health will buy certain Active Electrode Monitoring technology from Encision. Boulder, Colo.–based Encision will receive an upfront payment and a milestone payment upon certain milestones. The company will also receive revenues from proprietary product sales to Auris Health.

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