Welcome to our dedicated page for Vivos Therapeutics news (Ticker: VVOS), a resource for investors and traders seeking the latest updates and insights on Vivos Therapeutics stock.
Overview
Vivos Therapeutics Inc is a specialized medical technology company dedicated to addressing sleep disordered breathing (SDB) with a focus on mild-to-moderate obstructive sleep apnea (OSA). Leveraging industry-specific technology and customized oral appliance therapy, the company offers a non-surgical, non-invasive, and low-cost solution that distinguishes it within the competitive landscape of sleep health and medical devices. Key industry terms such as "obstructive sleep apnea", "sleep disordered breathing", and "oral appliance therapy" underscore its commitment to innovative clinical solutions.
Business Model and Operations
The company operates through two core revenue streams. One stream involves the development, commercialization, and direct distribution of customized oral appliances that integrate proprietary clinical protocols. These protocols, often administered by specially trained dentists in collaboration with other healthcare professionals, provide an alternative therapy to traditional CPAP treatments. The second stream is driven by the company’s licensing of its intellectual property, allowing third-party manufacturers to produce therapeutic devices according to the specialized Vivos System guidelines.
Clinical Protocols and Healthcare Integration
At the heart of Vivos Therapeutics is its Vivos System, a treatment protocol that combines device customization with targeted clinical methodologies. Through its integrated healthcare network, the company connects general dentists, medical doctors, myofunctional therapists, and chiropractors, creating a collaborative ecosystem focused on treating SDB. This structure not only facilitates patient access to specialized care but also supports the standardization of care practices within the field of sleep medicine.
Innovation and Industry Positioning
Vivos Therapeutics distinguishes itself by emphasizing non-surgical and non-pharmaceutical approaches to managing OSA. Its focus on low-cost, patient-centric treatment solutions aims to enhance accessibility and compliance, contributing to its competitive positioning against conventional therapies such as CPAP devices. The company’s ongoing efforts to refine its treatment methodologies and expand its integrated network underscore its commitment to clinical excellence and technological advancement.
Research and Development Focus
Innovation remains central to Vivos Therapeutics' strategy. The development of customizable treatment protocols and proprietary oral appliances represents a blend of technical expertise and clinical insight. The company’s research and development efforts not only drive its product offerings forward but also position it as a key contributor within the sleep health arena. By collaborating with clinical experts and leveraging insights from real-world healthcare practices, Vivos continually refines its approach to meet evolving patient needs.
Market and Competitive Landscape
Operating within the broader medical device industry, Vivos Therapeutics faces the dual challenge of technological advancement and regulatory compliance. Its focus on offering a tangible alternative to surgical and pharmaceutical interventions sets it apart. Competitors may include traditional CPAP providers and other oral appliance manufacturers; however, Vivos’ integrated clinical protocols and licensing model offer a unique value proposition that enhances its industry credibility. The company’s strategy to work closely with an array of healthcare providers also reinforces its role as a pivotal player in specialized sleep disorder treatment.
Conclusion
In summary, Vivos Therapeutics Inc provides a distinct approach to managing mild-to-moderate OSA through the use of custom oral appliances and an integrated treatment protocol. Its operations, characterized by dual revenue pathways and a comprehensive healthcare network, illustrate a robust business model suited for the evolving landscape of sleep medicine. This detailed look at its operations, innovation practices, and market positioning provides investors and industry observers with a clear understanding of its core competencies and strategic framework.
Vivos Therapeutics reported its financial results for Q4 and full year 2022 with revenue of $4.0 million in Q4 and $16.0 million for the full year, compared to $4.4 million and $16.9 million in the previous year. The company completed a capital raise of approximately $7.4 million in January 2023. Gross profit decreased to $2.4 million in Q4, down from $3.1 million in 2021, reflecting increased costs. Vivos also acquired patents from Advanced Facialdontics, enhancing its portfolio for treating sleep disorders. The company aims for revenue growth in 2023 through expanded product offerings and partnerships.
Vivos Therapeutics, Inc. (NASDAQ: VVOS) is set to release its fourth quarter and full year 2022 financial results after market close on March 30, 2023. This announcement will be followed by a conference call at 5:00 PM ET to discuss the results and recent milestones. Vivos specializes in medical devices for treating sleep disorders, particularly obstructive sleep apnea (OSA) and snoring, through its proprietary oral appliances. The company has treated over 33,000 patients globally, showcasing the effectiveness of its noninvasive Vivos Method, developed by trained dentists. The company emphasizes its commitment to innovation in the sleep disorder treatment sector.
Vivos Therapeutics (NASDAQ: VVOS) announced that CEO Kirk Huntsman and CFO Brad Amman will speak at the 35th Annual ROTH Conference on March 14, 2023, at 1:30 PM PT. The event will be held both virtually and in-person in Dana Point, CA, from March 12-14, 2023. They will participate in a fireside chat and conduct one-on-one meetings with investors. The Vivos Method offers a non-invasive solution for mild-to-moderate obstructive sleep apnea (OSA) and snoring, having treated approximately 31,000 patients globally. More details can be found on their investor relations page.
Vivos Therapeutics (NASDAQ: VVOS) announced the acquisition of patents and product rights from Advanced Facialdontics, enhancing its offerings for treating obstructive sleep apnea (OSA) and related conditions. This includes the Preventive Oral Device (POD®) for Temporomandibular Joint Dysfunction (TMD) and the Night Block for alleviating traditional treatment downsides. The acquisition broadens Vivos' patent portfolio and aims to open new revenue streams, targeting millions suffering from TMD and Bruxism. CEO Kirk Huntsman emphasized the strategic importance, stating it allows for a complete range of products at competitive prices, enhancing market position.
Vivos Therapeutics (NASDAQ:VVOS) announced that Chairman and CEO Kirk Huntsman will present at the Emerging Growth Conference on February 22, 2023, at 12:35 pm ET. The event invites both institutional and individual investors to participate in a real-time interactive presentation. Vivos focuses on innovative treatments for sleep-disordered breathing, particularly mild-to-moderate obstructive sleep apnea and snoring in adults. The Vivos Method, which has successfully treated around 31,000 patients through trained dentists, offers a noninvasive, nonsurgical solution. The presentation will also be available for replay on Vivos' website for 30 days following the event.
Vivos Therapeutics, Inc. (NASDAQ: VVOS) announced on January 20, 2023, that it has regained compliance with Nasdaq's minimum bid price requirement as per Listing Rule 5550(a)(2). The company previously received a notice on November 3, 2022, for failing to maintain a closing bid price of $1.00 for 30 consecutive business days. By meeting the requirement for a minimum closing bid price of $1.00 for at least 10 consecutive trading days, Vivos is now compliant with all Nasdaq listing standards. The Nasdaq has confirmed that this matter is now closed, marking a significant improvement in Vivos' stock status.
Vivos Therapeutics (NASDAQ: VVOS) has successfully completed a private placement offering, raising $8 million in gross proceeds. After expenses, the company expects net proceeds of approximately $7.4 million to be used for general working capital as it aims to drive revenue growth and control expenses in 2023. The offering included 2 million shares of common stock and warrants for 6.67 million shares at an effective price of $1.20 per share. Vivos promises to file a resale registration statement to allow subsequent trading of these securities.
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