PetVivo Investor Update; Recent Patent Developments and Promise of Product Development Initiate Coverage by SmallCapIR
NEW YORK, Aug. 12, 2014 /PRNewswire/ -- PetVivo Holdings, Inc. (OTCQB: PETV) is an emerging biomedical device company focused on the licensing and commercialization of innovative medical devices for pets, or pet therapeutics.
The company intends to leverage other company's investments in the human bio-materials and medical device industries to commercialize them for pets. PetVivo's strategy is to in-license proprietary products from human medical device companies specifically for use in pets. The key to making this strategy work is the accelerated timeline to revenues for veterinary medical devices, which enter the market much earlier than the more stringently scrutinized products for human use. The first product for PetVivo, Inc., a PETV subsidiary, is patented in the US and has been accepted for patent approval in Canada.
US patent application number 12/700,896 entitled "Protein Matrix Materials, Devices and Methods of Making and Using Thereof" and recent study results have initiated an analyst report below.
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SOURCE PetVivo Holdings, Inc.