Vivos Inc (RDGL)

[StockRoomBully]

"Advanced Medical Isotope Corporation (ADMD) has its first discussions with private animal consortiums to utilize RadioGelT™"

Consolidation in the private veterinary clinic space enables the Company to cost-effectively form business arrangements with the large consortiums of private clinics. We met and had discussions with the Veterinary Cancer Group (VCG) and with VCA Inc. to gain firsthand information on the steps required to market RadioGel™ in the commercial sector. VCG has 55 veterinary centers feeding into three specialty clinics. VCA has 820 clinics in the US and Canada feeding into approximately 25 specialty treatment centers.

Both consortiums confirmed the importance of learning from the testing that we are sponsoring at the university veterinary centers. They encouraged us to publish the results in a scientific journal. VCG was interested in teaming with the universities by conducting some of the testing in their own facilities. They both emphasized the importance of obtaining a written confirmation from the veterinary side of the FDA that RadioGel™ is a device. After the data collection is completed the results will be sent to their internal review boards for approval. The final stage is a business contract to purchase RadioGel™ for use in their clinics.

https://globenewswire.com/news-release/2017/09/14/1121085/0/en/Advanced-Medical-Isotope-Corporation-ADMD-has-its-first-discussions-with-private-animal-consortiums-to-utilize-RadioGelT.html