Vivos Inc (RDGL)

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ADMD Holds First Talks With Private Animal Consortiums

Advanced Medical Isotope made a major leap with an announcement yesterday surrounding their goal of bringing RadioGel to market for the treatment of skin cancer. The company announced yesterday that it has held its first discussions with private animal consortiums in order to prove safety and effectiveness of the product through testing at four university veterinary hospitals.

By taking advantage of access to private veterinary clinics, the company will be able to form business arrangements with large consortiums of private clinics in a cost-effective way. The company has had conversations with Veterinary Cancer Group and with VCA Inc. with the goal of gaining firsthand information on the steps required to market RadioGel in the commercial sector. With 55 veterinary centers that feed into 3 specialty clinics. VCA has 820 clinics in the United States and Canada with 25 specialty treatment centers.

According to the company's press release, both consortiums have expressed a strong opinion with regard to the importance of learning from testing that the company is sponsoring at university veterinary centers. They have also encouraged ADMD to publish the results in a scientific journal. In fact, VCA expressed interest in teaming up with the universities by conducting some of the testing within their own facilities.

Source: https://cnafinance.com/advanced-medical-isotope-admd-stock-radiogeltm-moves-a-step-forward/16488

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