Vivos Therapeutics In Deals With Ormco, On Demand Orthodontist; Stock Up In Pre-market

(RTTNews) - Medical device and technology company Vivos Therapeutics, Inc. (VVOS) announced Wednesday two key strategic agreements with Ormco, a division of Envista Holdings Corp. (NVST), and On Demand Orthodontist to provide Spark Clear Aligners.

The deals will expand Vivos' current product line and will create near term significant additional revenue opportunities.

In pre-market activity on Nasdaq, Vivos shares were gaining around 65 percent

Kirk Huntsman, Vivos' Chairman and Chief Executive Officer, said, "Spark Aligners are rapidly becoming the go-to clear aligner of choice for orthodontic specialists. … This agreement facilitates a strong collaboration effort between Vivos and Ormco, and paves the way for joint marketing and sales support from each company's field sales teams. Using Vivos CARE devices with Spark Aligners, we expect Vivos patients to see faster treatment times and improved predictability for positive clinical outcomes."