Vivos Inc (PK:RDGL)
Business Focus: Medical Imaging Systems
| Sector: Healthcare | Industry: Advanced Medical Equipment & Technology |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 719 Jadwin Ave RICHLAND WA 99352-4217 |
| Tel: | N/A |
| Website: | https://www.radiogel.com |
| IR: | See website |
| Key People | ||
| Carlton M. Cadwell Chairman of the Board, Secretary | Michael K. Korenko President, Chief Executive Officer, Director | Michael Pollack Interim Chief Financial Officer |
| Business Overview |
| Vivos Inc. is a radiation oncology medical device company. The Company is engaged in the development of its yttrium-90 (Y-90) based brachytherapy device, RadioGel, for the treatment of non-resectable tumors. RadioGel is a device for human therapy for non-resectable cancers in humans. It is a hydrogel liquid containing tiny Yttrium-90 phosphate microparticles that may be administered directly into a tumor. The Company's IsoPet division is focused on bringing RadioGel yttrium-90 precision radionuclide therapy to veterinary oncologists to treat dogs, cats and horses suffering from cancerous tumors. The IsoPet solutions division used university veterinary hospitals to demonstrate the safety and therapeutic effectiveness for different animal cancers. The Company is also engaged in developing a micro-injection system for small tumor therapy for treating cancerous thyroid lymph nodes. |
| Financial Overview |
| For the three months ended 31 March 2024, Vivos Inc revenues decreased 25% to $5K. Net loss increased from $248K to $559K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Professional fees increase from $84K to $404K (expense), Payroll expenses increase of 26% to $91K (expense), Research and development increase of 24% to $57K (expense). |
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