VDRM today's CRACK pick of the day! $$$ ViaDerm
Post# of 107067

ViaDerma, Inc. Announces Expansion of its Current Licensing Agreement and Provides Additional Company Updates
5:00 am ET June 2, 2021 (Globe Newswire) Print
ViaDerma, Inc., ("Company"

Additionally, the Company is announcing their licensed wound care products will begin to be utilized in a treatment protocol which is part of a new nationwide limb salvage campaign aimed at decreasing the limb amputation rate among high-risk populations. This is expected to generate about $600,000 in annual revenues for ViaDerma which should begin within 90 days.
The Company is also announcing that later this month ViaDerma President, Dr. Chris Otiko will be traveling to Dubai for a June 25 meeting to finalize another licensing agreement. The contract is structured for a term of ten years and will be worth more than $12.5 million over the life of the agreement. The initial payment of $600,000 to ViaDerma will be due upon finalizing the agreement with another $600,000 payment expected by year end.

