PetVivo Forms Strategic Alliance with Nupsala for Distribution
PetVivo Holdings, Inc. Partners with Nupsala Limited
PetVivo Holdings, Inc. (OTCQX: PETV; OTCID: PETVW) has made a notable advancement in its mission to enhance animal health. The company has forged a significant distribution agreement with Nupsala Limited, a respected veterinary group in the United Kingdom, focused on innovative medical solutions for pets. This collaboration emphasizes the commitment of both companies to improving the quality of life for animals through enhanced veterinary care.
About the Distribution Agreement
As part of the distribution agreement, Nupsala will take on the responsibility of inventorying, marketing, and promoting PetVivo’s groundbreaking veterinary medical device, Spryng with OsteoCushion technology. This arrangement aims to streamline access to PETV's advanced joint health solutions for veterinarians and pet owners across the UK.
Strategic Goals
Through this partnership, PetVivo aims to expand its market reach exponentially. "We are excited to announce this distribution agreement as it represents a key milestone in our strategy to promote Spryng with OsteoCushion technology throughout the UK," commented Mike Eldred, Board Director for PetVivo. The collaboration will leverage Nupsala’s established presence and expertise in veterinary marketing, ensuring that these innovative solutions reach those who need them most.
Understanding Spryng Technology
Spryng with OsteoCushion technology is an intra-articular injectable veterinary medical device designed to alleviate joint pain in animals. This highly innovative product utilizes sterilized, extra-cellular matrix microparticles, which adhere to the joint synovial lining and integrate with the subsynovial tissue. As a result, it helps restore proper joint mechanics and manage chronic joint pain associated with conditions such as osteoarthritis and joint instability.
Client Benefits
Veterinarians and animal caregivers can look forward to the numerous benefits that Spryng provides. This effective and scientifically-backed solution not only supports joint function but also enhances the overall quality of life for animals suffering from degenerative joint diseases. Greg McGarrell, CEO of Nupsala, expressed his enthusiasm, stating, "We are thrilled to partner with PetVivo in delivering this remarkable solution to the animal care community.”
About PetVivo Holdings, Inc.
PetVivo, in association with PetVivo Animal Health, Inc., is committed to developing and commercializing pioneering medical devices aimed at improving animal health. The company is particularly focused on the efficient application of advanced treatments traditionally reserved for humans, thus expediting their entry into the veterinary market.
Vision for the Future
The overarching strategy of PetVivo is to create a range of veterinary medical devices that can be rapidly commercialized. This allows the company to stay ahead in the field, as these products typically navigate the market more swiftly than regular pharmaceuticals. Currently, PetVivo's flagship offerings, including Spryng, are protected under a robust portfolio of 21 patents that ensure the uniqueness of their products and methods.
Pioneering Solutions in Veterinary Medicine
Moreover, PetVivo's commitment shines through with the introduction of PrecisePRP™, a first-of-its-kind product designed for the veterinary community to employ platelet-rich plasma treatments. This innovative offering complements the Spryng treatment, providing veterinarians with comprehensive options for addressing various joint-related issues across multiple animal types, including cats, dogs, and horses.
Collaboration with Nupsala Limited
Nupsala Limited is well-regarded within the veterinary ecosystem for its dedication to promoting musculoskeletal health through a variety of trusted products and services. The company's focus on evidence-based practices and innovative treatment options aligns perfectly with PetVivo’s mission, making this collaboration particularly significant. By harnessing Nupsala’s expertise, PetVivo strives to enhance veterinary care and improve outcomes for countless animals.
Frequently Asked Questions
What is the purpose of the distribution agreement with Nupsala?
The agreement is aimed at promoting PetVivo’s innovative joint health solutions in the UK, specifically the Spryng product.
How does Spryng with OsteoCushion technology work?
It functions by being injected into joints to help alleviate pain and restore proper joint mechanics through its unique microparticle composition.
Who benefits from these veterinary medical devices?
Both veterinarians and animal owners will benefit as this technology aims to improve joint health and overall quality of life for animals.
What is PetVivo's long-term vision?
PetVivo aims to efficiently bring innovative medical solutions to the veterinary market while enhancing animal care and treatment methods.
Can we expect more collaborations from PetVivo in the future?
Yes, PetVivo is keen on forming strategic partnerships to expand its market reach and further innovate veterinary care solutions.
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