Vivos and VSB Enter Agreement to Open Breathing Wellness Centers in Colorado, Nationwide
Strategic partnership with VSB, owned by Dr. Willis Pumphrey, founder of ClearCorrect and member of the Vivos board of directors, broadens Vivos footprint
DENVER (March 5, 2018) – Vivos Therapeutics, a world leader in the treatment of obstructive sleep apnea (OSA), today announced it has entered into an exclusive licensing agreement with VSB, LLC, an operating company owned by Dr. Willis Pumphrey, founder of ClearCorrect, a major Vivos investor, and member of the Vivos board of directors.
Under the terms of the agreement, Vivos will leverage VSB financial and personnel resources as it expands its Vivos Breathing Wellness Centers into select markets, including in Colorado and nationwide. Vivos currently owns and operates centers in Johnstown and Highlands Ranch, Colorado. Three additional facilities, including Cherry Creek (Denver) and Colorado Springs, will join the most recently opened facility this month in Arvada.
The Vivos System is a breakthrough technology and treatment for OSA and may be the first viable long-term solution to address a major root cause of the condition: an underdeveloped or obstructed airway. While the vast majority of OSA solutions treat the symptoms through either pressure or force, the Vivos appliance gently remodels the upper airway by gradually developing/repositioning the jaws, thus restoring healthy sleep and breathing. While other OSA treatment modalities, such as CPAP, require lifetime use and nightly wear, the Vivos System treatment typically lasts 12 to 24 months, and can allow some patients to avoid further clinical intervention.
Dr. Pumphrey, a world-renowned entrepreneur in aligner orthodontics, was recently appointed to the Vivos board of directors. He has more than 30 years of experience with cosmetic, restorative and implant dentistry, as well as orthodontics. In August 2017, Pumphrey sold ClearCorrect to Straumann Group, a global leader in dental implant solutions, for $150 million, in order to co-venture with Vivos and join its board of directors.
“We’ve already had thousands of patients who have experienced the benefits of Vivos technology, and this agreement with VSB and Dr. Pumphrey brings us the potential to help tens of thousands more,” said Kirk Huntsman, CEO, Vivos. “By aligning with VSB, we’re able to extend the footprint and reach of Vivos Breathing Wellness Centers into major metropolitan markets across the country and help improve even more lives.”
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