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Stock impact report

NanoVibronix Takes Next Step to Partner with Specialist Urology Company to Expand Sales of UroShield in Germany

NanoVibronix, Inc. (NAOV) 
NASDAQ:AMEX Investor Relations: otcmarkets.com/stock/naov/profile
Company Research Source: Business Wire
Signs Term Sheet for a License and Supply Agreement for Distribution of UroShield ELMSFORD, N.Y.--(BUSINESS WIRE)--NanoVibronix, Inc., (NASDAQ: NAOV) (the “Company”), a medical device company that produces the UroShield®, PainShield® and WoundShield® Surface Acoustic Wave (“SAW”) Portable Ultrasonic Therapeutic Devices, today announced it has signed a non-binding term sheet for a license and supply agreement with APOGEPHA Arzneimittel GmbH (“APOGEPHA”), a German pharmaceutical company, which specializes in the development, marketing, sales and distribution of urology products and services. Pursuant to the term sheet, the Company and APOHEPHA intend to enter into a definitive agreement, pursuant to which, APOHEPHA will distribute UroShield throughout Europe.Brian Murphy, Chief Executive Officer of the Company commented, “We are thrilled to be taking the next step in adding APOGEPHA as a distributor of UroShield in Europe. APOGEPHA is a recognized leader in the field of urology and i Show less Read more
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