PetVivo Holdings, Inc. Achieves National Distribution of Spryng to More than 500 Veterinary Clinics in 49 States
August 28 2023 - 8:00AM
PetVivo Holdings, Inc. (NASDAQ: PETV & PETVW) (the "Company"),
an emerging biomedical device company focused on the
commercialization of innovative medical devices and therapeutics
for companion animals, achieved a significant milestone – the sale
of its signature product Spryng™ with OsteoCushion™ Technology to
more than 500 veterinary clinics in 49 states.
"Distribution of our potentially life changing
product, Spryng with OsteoCushion Technology, to more than 500
clinics is an incredibly important milestone to our Company," said
John Lai, Chief Executive Officer of PetVivo Holdings, Inc. "This
accomplishment allows PetVivo to maximize the use of social media
and other mainstream advertising resources to reach the ultimate
customer, the companion animal owner; this advance in product
awareness and access will demonstrate to owners the ease of
obtaining Spryng through practicing veterinarians in 500 clinics in
49 states. With our steady emergence in the market, Spryng is
gaining national recognition, and we expect to continue to drive
accelerated growth momentum."
SPRYNG™ with OsteoCushion™ Technology, is an
intra-articular injectable veterinary medical device consisting of
sterilized, extra-cellular matrix microparticles; Spryng
microparticles perform in the joint as wet, slippery micro-cushions
used in the management of lameness and other joint-related
afflictions, such as osteoarthritis.
For more information about PetVivo Holdings,
Inc. and its innovative product, Spryng, please contact
info1@petvivo.com or visit https://petvivo.com/ and
https://sprynghealth.com/.
About PetVivo Holdings,
Inc.
PetVivo Holdings Inc. (NASDAQ: PETV & PETVW)
is an emerging biomedical device company currently focused on the
manufacturing, commercialization and licensing of innovative
medical devices and therapeutics for companion animals. The
Company's strategy is to leverage human therapies for the treatment
of companion animals in a capital and time efficient way. A key
component of this strategy is the accelerated timeline to revenues
for veterinary medical devices, which enter the market much earlier
than more stringently regulated pharmaceuticals and biologics.
PetVivo has a pipeline of seventeen products for
the treatment of animals and people. A portfolio of twenty patents
protects the Company's biomaterials, products, production processes
and methods of use. The Company’s lead product SPRYNG, a
veterinarian-administered, intraarticular injection for the
treatment of lameness and other joint-related afflictions,
including osteoarthritis, in dogs and horses, is currently
available for commercial sale to veterinarians.
CONTACT:
John Lai, CEOPetVivo Holdings, Inc.Email: info1@petvivo.com(952)
405-6216
Forward-Looking commercial
Statements:
The foregoing material may contain
“forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, each as amended. Forward-looking statements
include all statements that do not relate solely to historical or
current facts, including without limitation the Company’s proposed
development and commercial timelines, and can be identified by the
use of words such as “may,” “will,” “expect,” “project,”
“estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,”
“continue” or the negative versions of those words or other
comparable words. Forward-looking statements are not guarantees of
future actions or performance. These forward-looking statements are
based on information currently available the Company and its
current plans or expectations and are subject to a number of
uncertainties and risks that could significantly affect current
plans. Risks concerning the Company’s business are described in
detail in the Company’s Annual Report on Form 10-K for the year
ended March 31, 2023 and other periodic and current reports filed
with the Securities and Exchange Commission. The Company is under
no obligation to, and expressly disclaims any such obligation to,
update or alter its forward-looking statements, whether as a result
of new information, future events or otherwise.
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