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Vivani Medical Announces Intent to Spin Off Cortigent Neurostimulation Business

ALAMEDA, Calif., March 12, 2025--Vivani Medical, Inc. (NASDAQ: VANI) ("Vivani" or the "Company"), a clinical-stage biopharmaceutical company developing miniature, ultra long-acting drug implants, today announced that it intends to spin off Cortigent, Inc., a division that develops brain implant devices to help people recover critical body functions, as an independent publicly-traded company. The strategic goal of this transaction is to create two focused companies dedicated to driving current an

articleVivani Medical, Inc.March 12, 202511/company/vivani-medical-inc/news/vivani-medical-announces-intent-spin-123000444
Vivani Medical Announces Intent to Spin Off Cortigent Neurostimulation Business

About this update from Vivani Medical, Inc.

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Medical Productsbiopharmaceutical companypublicly-traded companydevelopmentVivani MedicalCortigent, Inc.critical body functionsneurostimulationtechnologyindependent company