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PetVivo Holdings, Inc. operates as a biomedical technology firm, specializing in the invention, commercialization, and licensing of advanced medical devices and biomaterials intended to treat a variety of ailments and diseases affecting animals. Its flagship product is Spryng, an intra-articular injection administered by veterinarians to effectively alleviate lameness and joint conditions, such as osteoarthritis, in canines and equines. The company's development pipeline further includes seventeen therapeutic devices poised for both veterinary and human clinical applications. Founded in 2009, PetVivo Holdings, Inc. maintains its corporate headquarters in Minneapolis, Minnesota.
PETVIVO HOLDINGS ANNOUNCES NAME CHANGE OF HUMAN SUBSIDIARY TO SOMATRIX TECHNOLOGIES, INC. AND EXPANDS FOCUS ON HUMAN HEALTH INNOVATION
PetVivo Holdings rebranded its human health subsidiary from Cosmeta Corp. to Somatrix Technologies, Inc., marking a strategic expansion to leverage its biomaterial platform for human health applications.
The company will maintain separate focuses, with Somatrix targeting human therapeutic areas and PetVivo Animal Health continuing its veterinary commercialization efforts.
PetVivo holds a portfolio of twelve issued and pending patents and six trade secrets, which it intends to utilize across both the new human initiatives and its existing veterinary product pipeline.