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PetVivo to Exhibit Spryng with OsteoCushion™ Technology at the Veterinary Meeting and Expo Conference in Orlando, Florida on January 25-29, 2025
GlobeNewswire· 2025-01-14 22:29
MINNEAPOLIS, MN, Jan. 14, 2025 (GLOBE NEWSWIRE) -- PetVivo Holdings, Inc. (OTCQB: PETV, PETVW), a leading provider of medical devices and biomedical therapeutics for equines and companion animals today announced it will be exhibiting at the Veterinary Meeting & Expo Conference to held from January 25th to January 29th, 2025, at the Orange County Convention Center, Exhibit Halls B, C and D, in Orlando, Florida. PetVivo will exhibit its lead product, Spryng ™ with OsteoCushion™ Technology. Spryng is an intra- ...
PETVIVO HOLDING, INC. ANNOUNCES PARTNERSHIP ENGAGEMENTS WITH VEDCO, INC. AND CLIPPER DISTRIBUTING, LLC
GlobeNewswire· 2025-01-10 22:45
MINNEAPOLIS, Jan. 10, 2025 (GLOBE NEWSWIRE) -- PetVivo Holdings, Inc. (OTCQB: PETV & PETVW) ("PetVivo"), a pioneering biomedical technology company focused on adapting human biotech, medical device and other therapeutic technologies into osteoarthritis and lameness products for commercial sale in the US companion animal and equine markets, announces new distribution partnerships with Vedco Inc. (“Vedco”), and Clipper Distributing, LLC (“Clipper”), both leaders in logistical solutions and supply of products ...
PETVIVO HOLDINGS, INC. TO HOST SHAREHOLDERS UPDATE MEETING ON JANUARY 8, 2025
GlobeNewswire· 2024-12-30 23:23
MINNEAPOLIS, MN, US, Dec. 30, 2024 (GLOBE NEWSWIRE) -- PetVivo Holdings, Inc. (OTCQB: PETV and PETVW), an emerging biomedical device company focused on the commercialization of innovative medical therapeutics for animals, will host a live webcast Shareholders Update Meeting to provide an overview of the Company’s progress in the 2025 fiscal year and a look into the potential future of the Company. The Shareholders Update Meeting: 2025 Company Overview will be held on Wednesday, January 8, 2025 at 3:30 p.m. ...
PetVivo to Exhibit Spryng with OsteoCushion™ Technology at the American Association of Equine Practitioners Convention on December 8-10, 2024
GlobeNewswire News Room· 2024-11-27 04:00
MINNEAPOLIS, MN, Nov. 26, 2024 (GLOBE NEWSWIRE) -- PetVivo Holdings, Inc. (OTCQB: PETV, PETVW), a leading provider of medical devices and biomedical therapeutics for equines and companion animals, will exhibit at the American Association of Equine Practitioners (“AAEP”) convention to be held December 8th to December 10th, 2024 at the Orange County Convention Center, Exhibit Halls B, C and D, in Orlando, Florida. PetVivo will exhibit its lead product, Spryng ™ with OsteoCushion™ Technology. Spryng is an intr ...
PetVivo (PETV) - 2025 Q2 - Earnings Call Transcript
2024-11-15 09:44
财务数据和关键指标变化 - 第二财季营收较去年同期下降3%至20.1万美元,主要是由于对兽医诊所的直接销售减少,不过经销商销售增长部分抵消了该影响,经销商销售环比增长147%或10.1万美元,同比增长24%或3.3万美元 [13] - 第一财季毛利润总计18万美元,占营收的89.5%,与2024年第二财季的18.6万美元或相同的89.5%营收占比相比持平 [15] - 运营费用总计240万美元,较2024年同财季下降25%,净亏损改善至220万美元或每股摊薄亏损0.11美元,而去年同季度净亏损为370万美元或每股基本和摊薄亏损0.28美元 [15][16] - 经营活动净现金使用量较2024年同财季减少34%或80万美元 [20] - 现金及现金等价物在2024年9月30日总计12.6239万美元,在3月31日为8.7401万美元,2024年6月30日总资产中的现金及现金等价物为290万美元,而MRQ(最近季度)为1240万美元(此处数据存在疑问,公司CFO表示不清楚投资者所看数据来源)[41][42] - 自10月1日起,公司额外筹集了31.25万美元的净收益 [19] 各条业务线数据和关键指标变化 - 经销商销售环比增长147%或10.1万美元,同比增长24%或3.3万美元,推动了整体营收的增长,且该增长数字还在持续攀升 [8][12] - 对兽医诊所的直接销售减少,导致整体营收较去年同期下降3% [13] 各个市场数据和关键指标变化 - 公司正在从较小的马类市场向更大的伴侣动物市场转型,为追求伴侣动物市场这个更大的机会,公司重新调整了销售队伍 [26][27] 公司战略和发展方向和行业竞争 - 公司通过参加兽医会议、与关键意见领袖合作、扩大销售队伍等方式来推广产品,目标是在本财年末将使用产品的诊所数量从今年早些时候的800家扩展到1500家以上 [35] - 公司与Orthobiologic Innovations合作开展新的临床试验、产品开发和营销,例如正在进行的犬类肘部骨关节炎治疗研究,预计将在2025年第一或第二季度完成 [24] - 公司通过战略调整削减了成本,包括减少一般和管理费用、销售和市场费用,同时增加研发投入以支持未来销售,为业务转型奠定了坚实基础 [15][16][17][18] - 公司任命内部营销代表和销售经理,扩大销售团队,还任命了具有丰富经验的Mike Eldred为独立董事,以增强公司治理,助力产品推广 [29][30] - 公司预计凭借现有的临床研究数据,在未来几个季度赢得大量大型企业客户(75%的兽医诊所为大型企业集团所有) [31] - 公司计划在动物健康市场(美国市场规模为57亿美元,预计到2023年将翻倍至113亿美元)中加速营收增长,预计2025财年全年营收增长约150万美元,较上一年增长50%以上 [36] 管理层对经营环境和未来前景的评论 - 第三财季通常是公司一年中最大和最好的季度,因为有美国马医从业者协会等主要兽医会议的曝光机会,且公司顾问委员会成员将在即将到来的会议上就职主席,这将提升公司的影响力 [33] - 公司认为凭借产品的临床研究成果、不断扩大的分销网络、更高效的运营结构等因素,能够在本财年及以后加速营收增长 [35] 其他重要信息 - 公司在过去一个季度参加了三个主要的兽医会议以及一些小型会议,展示产品优势,还在国际兽医疼痛管理论坛上进行了展示并得到好评 [21][22][23] 问答环节所有的提问和回答 问题: 投资者看到招股说明书中总资产下现金及现金等价物为1240万美元,询问这1240万美元是什么 - 公司CFO表示不清楚投资者所看数据来源,CFO查看的9月30日的资产负债表显示实际现金及现金等价物为12.6239万美元,3月31日为8.7401万美元,且总资产与现金及现金等价物是不同概念,9月30日总资产为318.6744万美元 [38][41][43] 问题: 关于筹集150万美元进展如何 - 公司CFO表示招股说明书中有披露相关信息,每次筹集资金都有8 - K文件披露,还有10 - Q文件,公司从未错过申报报告,自10月1日起已筹集31.25万美元,之前通过优先股筹集了150万美元,还会继续筹集资金 [43]
PetVivo (PETV) - 2025 Q2 - Quarterly Report
2024-11-15 05:00
营收与成本 - 2024年前三季度营收200720美元2023年同期为207366美元[148] - 2024年前三季度销售成本21162美元2023年同期为21862美元[149] - 2024年上半年营收324470美元2023年同期为324549美元[156] - 2024年上半年销售成本34156美元2023年同期为34167美元[157] 运营费用 - 2024年前三季度运营费用2352598美元2023年同期为3129847美元[150] - 2024年上半年运营费用4507787美元2023年为6128302美元[158] 各项费用细分 - 2024年前三季度总务与管理费用1267117美元2023年同期为1691790美元[151] - 2024年前三季度销售与营销费用620307美元2023年同期为1078725美元[152] - 2024年前三季度研发费用465174美元2023年同期为359332美元[152] - 2024年上半年G&A费用2500378美元2023年为3454588美元[159] - 2024年上半年销售和营销费用1154720美元2023年为2020611美元[160] - 2024年上半年研发费用852689美元2023年为653103美元[160] 运营与净亏损 - 2024年前三季度运营亏损2173040美元2023年同期为2944343美元[153] - 2024年前三季度其他费用2453美元2023年同期为716810美元[153] - 2024年前三季度净亏损2175493美元每股0.11美元2023年同期净亏损3661153美元每股0.28美元[154] - 2024年上半年净亏损4222556美元每股0.22美元2023年为6554730美元每股0.53美元[162] 产品价格 - Spryng™单关节注射价格约600到900美元至少持续12个月[137] 流动资产与现金 - 2024年9月30日流动资产1246384美元含现金及现金等价物126239美元[163] 经营活动现金使用 - 2024年上半年经营活动净现金使用3130762美元[167] 资金需求 - 公司未来需筹集额外资金支持Spryng™商业化及运营[166]
PetVivo Reports Fiscal Q2 2025 Results
GlobeNewswire News Room· 2024-11-15 05:00
MINNEAPOLIS, MN, US, Nov. 14, 2024 (GLOBE NEWSWIRE) -- PetVivo Holdings, Inc. (OTCQB: PETV, PETVW), a leading biomedical company delivering innovative therapeutic medical devices for equines and companion animals, reported results for the fiscal second quarter ended September 30, 2024. All comparisons are to the same year-ago period unless otherwise noted. The company will hold a conference call at 5:00 p.m. Eastern time November 14, 2024 to discuss the results (see dial-in information below). Fiscal Q2 202 ...
PetVivo Engages Another Top Sales Manager, Cindy Gill, for Regional Business Development Manager, as Adoption of Breakthrough Animal MedTech Device Continues to Spread Nationwide
GlobeNewswire News Room· 2024-10-21 21:45
MINNEAPOLIS, MN, Oct. 21, 2024 (GLOBE NEWSWIRE) -- PetVivo Holdings, Inc. (OTCQB: PETV, PETVW), a leading provider of biomedical therapeutics for equines and companion animals, has appointed Cindy Gill to the position of field veterinary business development manager for the entire states of Oklahoma and Arkansas and the northern region of Texas. “Cindy’s experience and strong record of sales achievement with veterinary clinics brings to our sales team a valuable resource for achieving our business goals,” ...
PetVivo Meets Growing Demand for Spryng™ with Appointment of Veterinary Surgeon, Kirsty Husby, as Senior Technical Services Veterinarian
GlobeNewswire News Room· 2024-09-09 22:22
Expert Capablites of Senior Vet-Tech to Help Drive Greater Adoption of Spryng as Breakthrough Treatment of Osteoarthritis for Companiaon Animals MINNEAPOLIS, MN, & Annapolis Junction, MD, US, Sept. 09, 2024 (GLOBE NEWSWIRE) -- PetVivo Holdings, Inc. (OTCQB: PETV, PETVW), a leading biomedical company delivering innovative therapeutic devices for equines and companion animals, has appointed board certified veterinary surgeon, Dr. Kirsty Husby, DVM, MS, DACVS (LA), to the position of senior technical services ...
Scot Cave Joins PetVivo Holdings, Inc. as a Field Veterinary Business Development Manager
GlobeNewswire News Room· 2024-09-03 22:27
MINNEAPOLIS, MN, US, Sept. 03, 2024 (GLOBE NEWSWIRE) -- PetVivo Holdings, Inc. (OTCQB: PETV & PETVW) (the "Company") an emerging biomedical device company focused on the commercialization of innovative medical devices and therapeutics for companion animals and animal athletes is pleased to announce that Scot Cave has accepted a position with the Company as its new Field Veterinary Business Development Manager to cover the Northwest Region of the United States. "The addition of Scot to our sales and distribu ...