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Michaelis-Menten Equation

v = Vmax[S]/(Km + [S]), describing enzyme kinetics with parameters Vmax, Km, and the substrate concentration [S].
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The statement of the theorem

Define the reaction rate vv for an enzyme-catalyzed reaction involving substrate [S][S] as:\nd[P]dt=v=Vmax[S]Km+[S]\frac{d[P]}{dt} = v = \frac{V_{max}[S]}{K_m + [S]} \n\nHere, VmaxV_{max} is the maximum reaction velocity achieved when [S]Km[S] \gg K_m, and KmK_m is the Michaelis constant, defined by the equilibrium condition Km=k1+k2[S]k1K_m = \frac{k_{-1} + k_{2}[S]}{k_{1}} (or simply Km=k1k1K_m = \frac{k_{-1}}{k_1} under simplified assumptions).
Source: Wikipedia