Monday, May 3, 2010

Spectros Sells Patent To Philips NV

Portola Valley-based Spectros announced this morning that it is in a patent sale agreement with Koninklijke Philips Electronics N.V. According to Spectros, Philips has purchased a patent related to technology for multispectral pulse oximetry. Financial terms of the sale were not disclosed. Spetros develops a tissue oximeter targeted at ischemia and cancer.