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Stock impact report

NanoVibronix Provides Business Update for the Third Quarter of 2019

NanoVibronix, Inc. (NAOV) 
NASDAQ:AMEX Investor Relations: otcmarkets.com/stock/naov/profile
Company Research Source: PR Newswire
ELMSFORD, N.Y., Nov. 19, 2019 /PRNewswire/ -- NanoVibronix, Inc., (NASDAQ: NAOV), a medical device company that produces the PainShield® Surface Acoustic Wave (SAW) Portable Ultra Sonic therapeutic device, today provided a business update for the third quarter ended September 30, 2019. "This has been a productive and important quarter for NanoVibronix, positioning us for accelerating growth in 2020 and beyond," commented Brian Murphy, CEO of NanoVibronix. "In the past few quarters, we have significantly expanded our manufacturing capabilities, growing capacity from approximately 100 per month to, initially, over 1,000 per month with the ability to grow. Simultaneously, we have broadened our distribution channels, adding key partners to directly target key potential customers, including the Federal Supply Schedule and CMS/Medicare, and we are making progress in our efforts to target the Veterans Administration and European customers through private label arrangements.  We believe that Show less Read more
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