PetVivo Holdings, Inc. (PETV) Q1 2025 Earnings Call Transcript

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PetVivo Holdings, Inc. (OTCPK:PETV) Q1 2025 Earnings Call August 14, 2024 5:00 PM ET

Company Participants

John Dolan - Chief Business Development Officer and General Counsel
John Lai - Chief Executive Officer
Garry Lowenthal - Chief Financial Officer

John Dolan

Good afternoon, everyone. Thank you for joining us today to discuss PetVivo’s Results for its Fiscal First Quarter Ended June 30, 2024.

Hosting the call today are the Chief Executive Officer of PetVivo, John Lai the company’s Chief Financial Officer, Garry Lowenthal and myself, John Dolan, Chief Business Development Officer and General Counsel.

Following remarks of the host, we’ll open the call to your questions. The operator will explain how to participate in the Q&A following the presentation by the host. Before we conclude today’s call, I’ll provide some important cautions regarding the forward-looking statements made by management during the call. I’d like to remind everyone that today’s call is being recorded, and it will be made available for telecom replay for the instruction in today’s press release, which is available in the Investor Relations section of the company’s website.

Before we venture into the details of the first quarter of 2025, let me provide you an introductory overview related to the company and a few highlights. In our fiscal first quarter of 2025, we achieved strong financial and operational progress as we continue to advance the rollout of our flagship product Spryng with OsteoCushion Technology, which promotes the restoration of proper joint mechanics. This injectable intra-articular veterinary device is compose of a patented biocompatible microparticles derived from natural sources. The novel technology results from years of R&D and clinical studies.

Spryng’s unique, lubricious and viscoelastic characteristics address a prevalent unmet medical need to reduce the joint pain and discomfort caused by osteoarthritis and poor joint biomechanics that affect millions of

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