Business
Therma Bright Announces Venowave Pilot Tests with Existing and New Distribution Partners in the United States
Toronto, Ontario--(Newsfile Corp. - November 2, 2023) - Therma Bright Inc. (TSXV: THRM) (OTCQB: T...
About this update from Therma Bright Inc.
[{"type":"text","content":"Therma Bright Announces Venowave Pilot Tests with Existing and New Distribution Partners in the United StatesToronto, Ontario--(Newsfile Corp. - November 2, 2023) - Therma Bright Inc. (TSXV: THRM) (OTCQB: TBRIF) (FSE: JNX) (\"Therma\" or the \"Company\"), developer and partner in a wide-range of leading-edge, proprietary diagnostic and medical device technologies, announced today the Company has opened its existing and new distribution channels for its Venowave device. Each channel partner has expressed an interest in the Venowave solution and is eager to evaluate the commerciality of the Venowave device after pilot tests and doctor/patient validation. The Company has shipped pilot units to each channel partner for immediate distribution for these patient pilot tests.\"We are very excited to have existing and new sales distribution partners reach out to us over the last few months about our Venowave device, and their eagerness to implement pilot tests with patients,\" shared Rob Fia, CEO of Therma Bright. \"If these pilot tests are successful, we anticipate these distribution partners will begin securing commercial volumes of our innovative Venowave device.\"In addition, the Company is actively engaged with the U.S. Food and Drug Administration (FDA) on its updated 510K application that corrected the Venowave device's intended use, labeling and product description so it will better address the U.S. Centers for Medicare and Medicaid Services (CMS) application for permanent Current Procedural Terminology (CPT®) / Healthcare Common Procedure Coding System (HCPCS) codes. Once the FDA approves the updated 510K application, Therma Bright will re-submit its application for these Medicare and Medicaid permanent codes.About Therma Bright Inc.Therma Bright is a developer and partner in a wide range of leading edge, proprietary diagnostic and medical device technologies focused on providing consumers and medical professionals with quality, innovative solutions that address some of today's most important medical and healthcare challenges. Therma Bright Inc. trades on the (TSXV: THRM) (OTCQB: TBRIF) (FSE: JNX). Visit: www.thermabright.com.Therma Bright Inc.Rob Fia, [email protected] us on TwitterFORWARD-LOOKING STATEMENTSCertain statements in this news release constitute \"forward-looking\" statements. These statements rela...