Vivos Inc. Provides Intellectual Property Protection Update

Rhea-AI Summary

Vivos Inc. (OTCQB: RDGL) has expanded its intellectual property protection by filing a particle patent in over ten patent offices, covering 63 countries. A provisional patent (63-299,930) was also filed, enhancing protection for hydrogel and particle components. The company plans to file additional claims internationally via the PCT process and a new utility patent for hydrogel innovations by Q3. Dr. Korenko emphasized the aim to strengthen their intellectual property to enhance shareholder value and establish a leadership position in precision radionuclide therapy.

Positive

• Expanded intellectual property protection filed in over ten patent offices across 63 countries.
• Filed provisional patent 63-299,930 for hydrogel and particle components.
• Plans to file additional international claims using PCT process and a new utility patent for hydrogel innovations.

Negative

• None.

Richland WA, May 12, 2022 (GLOBE NEWSWIRE) -- Vivos Inc. (OTCQB: RDGL), Vivos Inc is pleased to report that it expanded its intellectual property protection on several fronts.

Our patent team filed our particle patent in more than ten patent offices that collectively cover 63 countries throughout the world. This year we also filed a provisional patent number 63-299,930 giving us broader protection on recent and projected developments on both our hydrogel and our particle components. This week we filed a continuation-in-part applications number 1774054 in the USA to expand the claims on our particle patent.

We are near completion on additional development work and intend to file expanded particle claims internationally using the Patent Cooperation Treaty, PCT, process. Additionally, building on the substantial refinements to our hydrogel during the past two years, we also plan to file a new utility patent to protect these proprietary developments. We anticipate the filings will be completed during the third quarter.

In closing Dr. Korenko stated, “We are continually striving to enhance and grow our Intellectual property portfolio to build value to our stakeholders and to strengthen our position as an emerging leader in precision radionuclide therapy.”

About Vivos Inc. (OTCQB: RDGL)

Vivos Inc. has developed an Yttrium-90 based injectable brachytherapy device, for the treatment of tumors in animals (IsoPet^®) and in humans (RadioGel^™). Brachytherapy uses highly localized radiation to destroy cancerous tumors by placing a radioactive isotope directly inside the treatment area using the company’s proprietary hydrogel technology. The injection delivers therapeutic radiation from within the tumor without the entrance skin dose and associated side effects of treatment that characterize external-beam radiation therapy. This feature allows safe delivery of higher doses needed for treating both non-resectable and radiation-resistant cancers.

RadioGel^™ is a hydrogel liquid containing tiny yttrium-90 phosphate particles that may be administered directly into a tumor. The hydrogel is an yttrium-90 carrier at room temperature that gels within the tumor interstitial spaces after injection to keep the radiation sources safely in place. The short-range beta radiation from yttrium-90 localizes the dose within the treatment area so that normal organs and tissues are not adversely affected.

RadioGel^™ also has a short half-life – delivering more than 90% of its therapeutic radiation within 10 days. This compares favorably to other available treatment options requiring up to six weeks or more to deliver a full course of radiation therapy. Therapy can be safely administered as an out-patient procedure and the patient may return home without subsequent concern for radiation dose to family members.

The IsoPet^® Solutions division used university veterinary hospitals to demonstrate the safety and therapeutic effectiveness for different animal cancers. Testing on feline sarcoma at the Washington State University was completed in 2018 and testing on canine soft tissue sarcomas at the University of Missouri was completed in 2019.

In 2018 the Company obtained confirmation from the FDA Center for Veterinary Medicine that IsoPet^® is classified as a medical device according to its intended use and means by which it achieves its intended purpose. The FDA also reviewed the product labeling which included canine and feline sarcomas as the initial indications for use. The FDA does not require pre-market approval for veterinary devices so no additional approval is required. Following the demonstration phase, Vivos is able to generate revenue through the sale of IsoPet^® to University animal hospitals and private veterinary clinics.

IsoPet^® for treating animals uses the same technology as RadioGel^™ for treating humans. The Food and Drug Administration advised using different product names in order to avoid confusion and cross-use.

Safe Harbor Statement

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, the Company's ability to successfully execute its expanded business strategy, including by entering into definitive agreements with suppliers, commercial partners and customers; general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technical advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, regulatory requirements and the ability to meet them, government agency rules and changes, and various other factors beyond the Company's control.

CONTACT:
Vivos Inc.
Michael K. Korenko, Sc.D.
President & CEO
MKorenko@RadioGel.com

FAQ

What recent developments has Vivos Inc. (RDGL) made regarding its intellectual property?

Vivos Inc. has filed a particle patent in over ten patent offices covering 63 countries and a provisional patent to enhance protection for hydrogel and particle components.

What is the significance of the provisional patent filed by Vivos Inc. (RDGL)?

The provisional patent (63-299,930) allows Vivos Inc. to secure broader protection for its hydrogel and particle components.

When does Vivos Inc. (RDGL) plan to complete its patent filings?

Vivos Inc. anticipates that the expanded patent filings will be completed during the third quarter.

How does Vivos Inc.'s (RDGL) intellectual property strategy impact its market position?

The strategy aims to strengthen Vivos Inc.'s role as a leader in precision radionuclide therapy and build value for stakeholders.