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Related Party (Tables)
6 Months Ended
Jun. 30, 2013
Series of Operating Agreements

As part of the acquisition, the Company, primarily through Anika S.r.l., entered into a series of operating agreements with Fidia as follows:

 
Agreement Type
Description
Term in Years
Lease
Rent of space in Abano Terme, Italy
Six
Finished goods supply
Manufacture and supply of goods
Five
Raw material supply
Hyaluronic acid powder
(EXPIRED)
Services
Finance, administrative, security and other
One to Six
Accounts receivable management
Collection of trade receivables outstanding as of December 30, 2009
(EXPIRED)
Marketing and promotion
Promote Anika Srl products in Italy through Fidia sales force
(TERMINATED)