Curated News
By: NewsRamp Editorial Staff
October 16, 2024

BioElectronics Corporation Provides Update on Sales Activities, Clinical Trials, and Legal Action Against Mundipharma

TLDR

  • BioElectronics Corporation is launching its RecoveryRx product into the veterinary market, targeting a new customer base.
  • The RecoveryRx product is being re-focused on channels where it is paid for by the system, not the patient, such as the VA system.
  • The company's products provide effective pain relief for both human and animal suffering, with a focus on reducing pain and improving quality of life.
  • BioElectronics Corporation is in the final stages of obtaining the necessary litigation financing to pursue legal action against Mundipharma for breach of contract.

Impact - Why it Matters

This news matters because it provides insight into BioElectronics Corporation's current activities, including efforts to expand sales, clinical trials, and potential legal action. Investors and stakeholders can gain a deeper understanding of the company's strategic direction and challenges. Additionally, individuals interested in medical technology and pharmaceutical industry developments can stay informed about the company's progress and potential impact on the market.

Summary

BioElectronics Corporation releases an update outlining sales activities, clinical trials, and a potential legal action against Mundipharma. The update covers the company's current medical sales, expansion into the veterinary market, additional clinical trials, and the possibility of legal action against Mundipharma for breach of contract. It also addresses the failed contract with Synergy Corporation and the company's efforts to secure new sales contracts.

Source Statement

This curated news summary relied on this press release disributed by NewMediaWire. Read the source press release here, BioElectronics Corporation Provides Update on Sales Activities, Clinical Trials, and Legal Action Against Mundipharma

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