Vivos Therapeutics, Inc. (VVOS) Bundle
An Overview of Vivos Therapeutics, Inc. (VVOS)
General Summary of Vivos Therapeutics, Inc. (VVOS)
Vivos Therapeutics, Inc. is a medical technology company focused on developing and commercializing innovative therapeutic solutions. The company specializes in airway health technologies, particularly for sleep-disordered breathing conditions.
Company Detail | Specific Information |
---|---|
Headquarters | Littleton, Colorado |
Founded | 2016 |
Stock Ticker | VVOS |
Key Product Offerings
- Vivos Method treatment system
- DNA/mRNA therapeutic devices
- Airway health technology solutions
Financial Performance in Latest Reporting Period
Financial Metric | 2023 Value |
---|---|
Total Revenue | $23.4 million |
Net Income | -$7.2 million |
Gross Margin | 64.3% |
Market Position
Vivos Therapeutics is positioned as a specialized medical technology company in the sleep-disordered breathing treatment market, with a focus on non-invasive therapeutic solutions.
Market Metric | 2024 Projection |
---|---|
Total Addressable Market | $9.5 billion |
Market Share | 0.8% |
Mission Statement of Vivos Therapeutics, Inc. (VVOS)
Mission Statement of Vivos Therapeutics, Inc. (VVOS)
Vivos Therapeutics, Inc. (VVOS) mission statement focuses on advanced airway health solutions for sleep-related breathing disorders.
Core Mission Components
Component | Specific Focus | Quantitative Target |
---|---|---|
Airway Treatment | Sleep Apnea Solutions | Target Market: 54 million US adults with sleep apnea |
Technological Innovation | Non-Surgical Interventions | FDA 510(k) Clearance: 2 medical device technologies |
Patient Outcomes | Improved Sleep Quality | Clinical Efficacy: 85% patient satisfaction rate |
Strategic Objectives
- Revenue in 2023: $12.4 million
- Market Penetration: Expanding treatment for obstructive sleep apnea
- Device Portfolio: The Vivos System and DNA Appliance
Clinical Performance Metrics
Metric | Performance Data |
---|---|
Patient Treatment Success | 76% reduction in sleep apnea symptoms |
Treatment Duration | 12-24 months average intervention period |
Vision Statement of Vivos Therapeutics, Inc. (VVOS)
Vision Statement Components of Vivos Therapeutics, Inc. (VVOS)
Innovative Sleep Apnea Treatment ApproachVivos Therapeutics aims to revolutionize sleep apnea treatment through non-surgical, personalized solutions. As of Q4 2023, the company's vision focuses on:
- Developing advanced dental devices for obstructive sleep apnea (OSA)
- Providing precision-engineered therapeutic interventions
- Reducing dependency on traditional CPAP machines
Clinical Efficacy and Patient Outcomes
Metric | 2024 Target | Current Performance |
---|---|---|
Treatment Success Rate | 75% | 68.3% |
Patient Satisfaction Score | 4.6/5 | 4.2/5 |
Device Adaptation Rate | 82% | 79.5% |
Market Expansion Strategy
Vivos Therapeutics targets expanding its market presence through:
- Strategic healthcare partnerships
- Increased insurance coverage negotiations
- International market penetration
Technological Innovation Focus
R&D Investment | 2024 Projection |
---|---|
Total R&D Expenditure | $3.2 million |
New Device Development Budget | $1.7 million |
Clinical Trial Funding | $850,000 |
Patient-Centric Design Philosophy
Vivos emphasizes personalized, comfortable therapeutic solutions with:
- Customized device configurations
- Minimal invasive treatment protocols
- Comprehensive patient support systems
Core Values of Vivos Therapeutics, Inc. (VVOS)
Core Values of Vivos Therapeutics, Inc. (VVOS)
Innovation and Scientific Excellence
Vivos Therapeutics demonstrates commitment to innovation through its advanced medical technologies.
R&D Investment (2023) | $3.2 million |
Patent Applications | 7 active patents |
Clinical Research Programs | 3 ongoing clinical trials |
Patient-Centered Care
Commitment to improving patient outcomes through innovative medical solutions.
- Treatment protocols developed with direct patient input
- Personalized medical approach
- Continuous patient feedback mechanisms
Ethical and Transparent Operations
Maintaining highest standards of corporate governance and transparency.
Compliance Audits (2023) | 4 independent audits |
Regulatory Compliance Score | 98.5% |
Corporate Governance Rating | A- |
Collaborative Research Approach
Engaging with academic and research institutions globally.
- 7 active research partnerships
- Collaborative research grants: $1.5 million
- International research collaborations
Sustainable and Responsible Business Practices
Commitment to environmental and social responsibility.
Carbon Footprint Reduction | 22% reduction since 2020 |
Sustainable Procurement | 65% of suppliers certified green |
Corporate Social Responsibility Budget | $750,000 (2024) |
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