Petvivo Holdings Inc (OTCQB:PETV)
MINNEAPOLIS, MN, USA, December 16, 2020 /EINPresswire.com/ — OTCQB: (PETV)
PetVivo Holdings, Inc. (“PetVivo”), an emerging biomedical device company currently operating in the veterinary market, announced that it has applied to the Quebec AMF for an order to cease to be a reporting issuer in all jurisdictions of Canada in which it is a reporting issuer and, if that order is made, PetVivo will no longer be a reporting issuer in Quebec. Except for one Ontario stockholder which received restricted common stock of PetVivo in 2020 in payment for social media services provided to PetVivo, no securities of PetVivo held by Canadian resident securityholders are subject to any resale restrictions.
About PetVivo Holdings, Inc.
PetVivo Holdings Inc. (OTCQB: PETV) is an emerging biomedical device company currently focused on the manufacturing, commercialization and licensing of innovative medical devices and therapeutics for companion animals. The Company’s strategy is to leverage human therapies for the treatment of companion animals in a capital and time efficient way. A key component of this strategy is the accelerated timeline to revenues for veterinary medical devices, which enter the market much earlier than more stringently regulated pharmaceuticals.
PetVivo has a pipeline of seventeen products for the treatment of animals and people. A portfolio of eighteen patents protects the Company’s biomaterials, products, production processes and methods of use. The Company’s lead product Kush, a veterinarian-administered, intra-articular injection for the treatment of osteoarthritis in dogs and horses, is scheduled for expanded commercial sale in early 2021.
Forward-Looking commercial Statements:
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Petvivo Holdings Inc.
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