CO.DON AG and JOINT OPERATIONS (UK) LLP signed an exclusive agreement to distribute the EU-authorised, cell-based medicinal product Spherox in the United Kingdom, including Scotland, Wales and Northern Ireland. The contract is initially for three years and defines minimum order quantities. CO.DON AG will support JOINT OPERATIONS (UK) LLP throughout the entire distribution period and retains defined responsibilities.

CO.DON AG develops, produces and distributes autologous cell therapies for the minimally invasive repair of cartilage defects. The product being marketed is a cell therapy product for the minimally invasive treatment of cartilage damage in the knee joint that uses only the patient's own cartilage cells ("autologous chondrocytes").