Vivakor, www.vivakor.com – the biotech/biomed company with research proficiency that allows strategic acquisition/development of parallel technologies in molecular medicine, electro-optics, biological handling and others fields, reported yesterday entry into an exclusive licensing agreement calling for all worldwide distribution of the Company’s Vivathermic Vials to be managed by MIT Holding Inc. (MITD.OB).
The revolutionary Vivathermic Vial has unsurpassed sensitivity as a biological transport/storage system, far exceeding the performance of anything else available, and is ideal for all types of biological preservation, even the most sensitive stem cells.
Through its three wholly-owned subsidiaries, MITD is a well-positioned wholesale distributor of pharmaceuticals but also handles administering intravenous infusions, runs a therapeutics-based ambulatory center, and sells/rents home medical equipment.
Chairman of VIVK, Matt Nicosia, projected rapidly growing demand over the next five years as associated infrastructures rush to standardize the technology, calling this news a “great step forward in the distribution of Vivakor technology”.
Nicosia also explained how VIVK painstakingly vetted potential distribution partners leading up to the realization that MITD was the most consistent in sharing the view that shareholder value growth was paramount.
Moreover, the competency in life enhancement and extension technologies shared by both companies makes this agreement a force multiplier for each of them.
The agreement constitutes a long term commercialization partner and huge distribution opportunity for VIVK.
Co-Chairman and Co-President of MITD, Walter H.C. Drakeford, commented on the unified paradigm of quality of life echoed by the deal, as each company is soundly dedicated to that mission, and underscored the value of the Vivathermic technology for MITD’s portfolio of technologies.
About QualityStocks:
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net
Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment