Innoveren Scientific Inc (IVRN)

[patentminer2013]

Medovex Corporation Establishes Research and Operations Center

ATLANTA, GA -- (Marketwired) -- 02/26/15 -- Medovex Corporation (NASDAQ: MDVX), a developer of medical technology products, announced today that it has established a research and operations center in Minneapolis, Minnesota.



Strategically located in close proximity to the majority of the expert contract support vendors that the company uses for its DenerveX™ device, the center is expected to enhance accountability and performance monitoring, while allowing for important face to face collaboration. Minneapolis-St. Paul, Minnesota is recognized as a world leader in the medical technology field with corporate headquarters for some of the most renowned names in medical technology.

According to Jarrett Gorlin, CEO of Medovex, "We believe establishment of a research and operations foot print in the Minneapolis area will provide the company with enhanced access and use of experts in the medical technology space. We believe it is important for many reasons, including but not limited to, future research and development and operations supporting the DenerveX device, as well as for assisting in evaluating other technologies that the company may seek to develop or acquire."

Patrick Kullmann, President, COO of Medovex, added, "We formed Medovex to acquire and develop a diversified portfolio of potentially ground breaking medical technologies that could impact quality of patient care, cost effectiveness and wellness in a rapidly changing health care environment. Direct access to industry experts, including world class medical technology vendors in the areas of regulatory law, clinical trial development, research and development, manufacturing, reimbursement and distribution through our new research and operations center, is foundational to our mission. Minneapolis is considered by many as a world leading area for medical technology and provides a pool of talented work force candidates for future positions in the support of future growth of the company."