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Therma Bright Secures Purchase Order For Initial 100 Venowave Units From New National Distribution Partner - Valor Medical of San Antonio
National Distributor And Its Network Receive Upwards Of 100 Doctor Referrals Per Day For Vascular...
About this update from Therma Bright Inc.
[{"type":"text","content":"Therma Bright Secures Purchase Order For Initial 100 Venowave Units From New National Distribution Partner - Valor Medical of San AntonioNational Distributor And Its Network Receive Upwards Of 100 Doctor Referrals Per Day For Vascular Compression Therapy SolutionsToronto, Ontario--(Newsfile Corp. - January 13, 2025) - Therma Bright Inc. (TSXV: THRM) (OTCQB: TBRIF) (FSE: JNX) (\"Therma\" or the \"Company\"), a developer and investment partner specializing in advanced diagnostic and medical device technologies, is pleased to announce that the Company has secured an initial purchase order for 100 Venowave VW5 units from a new national distribution partner Valor Medical Solutions of San Antonio, Texas. The initial purchase order is based on the success of the distributor's pilot tests around the HCPCS code reimbursement program. Valor Medical is just one of the Company's national distributors who have experienced successful pilot trials.As a new national distribution partner of Therma Bright, Valor Medical looks to fill immediate needs of its current network of medical practitioners and their patients. The distributor, and its partners, receives upwards of 100 doctor referrals per day for vascular compression therapy solutions, and has seen great success in securing HCPCS code reimbursements within a normal 30- to 60-day timeframe. Valor Medical and its partners look to place orders on a regular basis of every few weeks, as they build greater awareness of the Venowave VW5 solution with their end clients. This initial purchase order for 100 Venowave VW5 units offers HCPCS code reimbursements that total a minimum of $81,955 USD, which equates to $117,952 CAD.\"We are excited to partner with Therma Bright in offering the Venowave VW5 to our national distribution network,\" shared Cindy Sebek Quick, Partner of Valor Medical Solutions. \"This initial 100 unit purchase will fill the immediate demand on our partners, who anticipate early adoption of this special vascular compression therapy solution. We anticipate increasing our purchase order amounts every few weeks, as we build more product awareness of this device and the HCPCS code reimbursement program. Our own business sales team, and those of our partners, receive upwards of 100 doctor referrals per business day for vascular compression therapy solutions, and this solution fits many...