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 for an enzyme-catalyzed reaction involving substrate as:\n \n\nHere, is the maximum reaction velocity achieved when , and is the Michaelis constant, defined by the equilibrium condition (or simply under simplified assumptions).
Source: Wikipedia