STOCK TITAN

David J. Gregory Joins PetVivo Holdings, Inc. as the Regional Sales Manager

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

PetVivo Holdings, Inc. (NASDAQ: PETV) announced the appointment of David J. Gregory as the new Regional Sales Manager for the Midwest U.S. His extensive experience in veterinary product management and distribution is expected to enhance the sales of PetVivo's product Spryng, which utilizes OsteoCushion technology for treating joint-related conditions in animals. CEO John Lai expressed confidence in Gregory's ability to drive sales, contributing to the company's goals surrounding this innovative veterinary medical device.

Positive
  • Appointment of David J. Gregory as Regional Sales Manager strengthens sales team.
  • Gregory's extensive experience in veterinary product sales can boost revenue.
  • Spryng technology is designed to improve outcomes for animals with joint issues.
Negative
  • None.

MINNEAPOLIS, MN, US, March 16, 2022 (GLOBE NEWSWIRE) -- PetVivo Holdings, Inc. (NASDAQ: PETV) (the "Company") an emerging biomedical device company focused on the commercialization of innovative medical devices and therapeutics for companion animals is pleased to announce that David J. Gregory has accepted a position with the Company as its new Regional Sales Manager for the Midwest Region of the United States.

"We are incredibly excited about adding David to our sales and distribution team. We believe David will be a primary contributor to meeting our corporate goals related to sales and distribution of our revolutionary product Spryng with OsteoCushion technology,” said John Lai, Chief Executive Officer of PetVivo Holdings, Inc. “David is excellent in promoting and selling veterinary products. We are confident that these skills will propel the sale of our veterinary medical device, Spryng, for use in companion animals."

Mr. Gregory has more than 30 years of experience related to management, distribution and manufacturing of veterinary products in the United States. He has served in various roles in farm management, product development, product distribution, technical sales, marketing and supply chain management with companies such as Vescor Veterinary Supply, Midwest Veterinary Supply, DVM Resources, and Novartis Animal Health. Mr. Gregory has further worked as a consultant for numerous farm operations with a focus on equine and mixed animal.

“I am thrilled to have the opportunity to join the PetVivo sales and marketing team. It is a pleasure to be part of a company that possesses technology that has been shown to improve the medical outcomes of animals suffering from lameness and other joint related afflictions, such as osteoarthritis,” said Mr. Gregory. “PetVivo’s technology has tremendous potential to enhance the lives of companion animals and their owners.”

For more information about PetVivo Holdings, Inc. and its innovative product, Spryng, please contact info1@petvivo.com or visit https://petvivo.com/ and https://sprynghealth.com/.

About PetVivo Holdings, Inc.

PetVivo Holdings Inc. (NASDAQ: 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 and biologics.

PetVivo has a pipeline of seventeen products for the treatment of animals and people. A portfolio of nineteen patents protects the Company's biomaterials, products, production processes and methods of use. The Company’s lead product SPRYNG, a veterinarian-administered, intraarticular injection for the treatment of lameness and other joint related afflictions, including osteoarthritis, in dogs and horses, is currently available for commercial sale to veterinarians.

CONTACT:

John Lai, CEO
PetVivo Holdings, Inc.
Email: info1@petvivo.com
(952) 405-6216 

Forward-Looking commercial Statements:

The foregoing material may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation the Company’s proposed development and commercial timelines, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements, including the potential listing of the Company’s common stock on Nasdaq, are based on information currently available the Company and its current plans or expectations and are subject to a number of uncertainties and risks that could significantly affect current plans. Risks concerning the Company’s business are described in detail in the Company’s Annual Report on Form 10-K for the year ended March 31, 2021 and other periodic and current reports filed with the Securities and Exchange Commission. The Company is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Attachment


FAQ

What is the significance of David J. Gregory's appointment to PetVivo Holdings, Inc.?

David J. Gregory's appointment as Regional Sales Manager is expected to enhance the sales and distribution of PetVivo's product Spryng, contributing to the company's growth.

How does Spryng work in treating companion animals?

Spryng is a veterinarian-administered injection using OsteoCushion technology to treat lameness and joint-related afflictions in dogs and horses.

What are the future sales goals for PetVivo Holdings, Inc. with the new hire?

The company aims to meet its corporate goals related to sales and distribution of Spryng, leveraging Gregory's experience to drive revenue growth.

What does PetVivo Holdings, Inc. focus on in the biomedical field?

PetVivo Holdings focuses on the commercialization of innovative medical devices and therapeutics for companion animals.

What is the stock symbol for PetVivo Holdings, Inc.?

The stock symbol for PetVivo Holdings, Inc. is PETV and PETVW.

PETVIVO HOLDINGS INC

OTC:PETV

PETV Rankings

PETV Latest News

PETV Stock Data

9.18M
8.87M
54.85%
0.05%
0.77%
Medical Devices
Healthcare
Link
United States of America
Edina