Vycor

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.

Vycor Medical Reports Financial Results for the year ended December 31st, 2019

Retrieved on: 
Friday, March 27, 2020

BOCA RATON, FL, March 27, 2020 (GLOBE NEWSWIRE) -- Vycor Medical, Inc. (Vycor) (OTCQB: VYCO), a provider of innovative and superior surgical and therapeutic solutions, reported financial results for the year ended December 31, 2019.

Key Points: 
  • BOCA RATON, FL, March 27, 2020 (GLOBE NEWSWIRE) -- Vycor Medical, Inc. (Vycor) (OTCQB: VYCO), a provider of innovative and superior surgical and therapeutic solutions, reported financial results for the year ended December 31, 2019.
  • The Vycor Medical division recorded revenue of $1,300,000 from the sale of its products for the year ended December 31, 2019, a decrease of $11,000 (or 1%) over 2018.
  • Vycor Medical (OTCQB: VYCO) is dedicated to providing the medical community with innovative and superior surgical and therapeutic solutions.
  • Vycor Medical disclaims any obligation to update forward-looking statements contained in this estimate, except as may be required by law.