NanoVibronix Formulates PainShield Distribution Plan for Vets

NanoVibronix Inc. has hammered out a sales and distribution agreement for its Painshield products.

The company has chosen Applied Medical Solutions LLC (AMS) to sell and distribute its PainShield products to U.S. Veterans Administration facilities. Under the terms of the two-year agreement, AMS has the exclusive right to sell and distribute PainShield throughout the VA healthcare system including physicians, hospitals and patients. AMS expects to broaden sales resources dedicated to rapidly scale within the entire VA system.
 
“Serving nine million enrolled veterans each year, the VA represents a massive opportunity for placement of our PainShield devices,” NanoVibronix CEO Brian Murphy said. “We selected AMS as a distribution partner given its relationships and ability to establish a critical mass within the VA market. Initial sales from our relationship indicate rapid adoption and substantial traction within select VA facilities, which we believe could lead to a measurable impact to our top-line results in the coming quarters. Healthcare providers, inside and outside of the VA, are urgently seeking non-opioid alternatives for the management of pain. PainShield is a proven therapeutic that directly addresses this growing need. We are seeing compelling evidence for the utilization of an opioid alternative within the initial rollout to the VA.”
  
PainShield is an ultrasound device, consisting of a reusable driver unit and a disposable patch, which contains a proprietary therapeutic transducer. PainShield delivers a localized ultrasound effect to treat pain and induce soft tissue healing in a targeted area, while keeping the level of ultrasound energy at a safe and consistent level. Its range of applications includes acute and chronic pain resolution through its many mechanisms of action. The product has been acknowledged by several sports icons and has broad applications for sports injuries. PainShield can be used by patients at home or work or in a clinical setting and can be used even while the patient is sleeping. Patient benefits include ease of application and use, faster recovery time, high compliance, and increased safety and efficacy over existing devices that rely on higher-frequency ultrasound.
 
NanoVibronix Inc. is a medical device company headquartered in Elmsford, N.Y., with research and development in Nesher, Israel, focused on developing medical devices using its patented low intensity surface acoustic wave (SAW) technology. The proprietary technology allows for the creation of low-frequency ultrasound waves that can be utilized for a variety of medical applications, including for disruption of biofilms and bacterial colonization, as well as for pain relief. The devices can be administered at home without the assistance of medical professionals. The company’s primary products include PainShield and UroShield, which are portable devices suitable for administration at home without assistance of medical professionals.