Vycor Medical, Inc. Agrees New NovaVision Licensing Agreement
Retrieved on:
Tuesday, June 30, 2020
BOCA RATON, FL, June 30, 2020 (GLOBE NEWSWIRE) -- Vycor Medical, Inc. (Vycor) (OTCBBVYCO) today announced that its wholly owned subsidiary, NovaVision, Inc. (NovaVision), has signed an agreement in principle to enter into an exclusive licensing agreement with HelferApp GmbH (HelferApp).
Key Points:
- BOCA RATON, FL, June 30, 2020 (GLOBE NEWSWIRE) -- Vycor Medical, Inc. (Vycor) (OTCBBVYCO) today announced that its wholly owned subsidiary, NovaVision, Inc. (NovaVision), has signed an agreement in principle to enter into an exclusive licensing agreement with HelferApp GmbH (HelferApp).
- The combination of the NovaVision therapies will allow HelferApp to create an unrivalled portfolio of scientifically supported therapies addressing the visual rehabilitation market in the territories.
- As part of the transaction existing NovaVision patients currently being treated by NovaVision in the regions covered by the licensing agreement will be transferred over to HelferApp.
- This marks an encouraging first step in our strategy of entering into licensing agreements with strong regional partners.