Los Angeles, CA, Aug. 08, 2023 (GLOBE NEWSWIRE) — Endonovo Therapeutics Inc. (OTCQB: ENDV) — industrial developer of medical technology– is proud to announce a sequence of developments within the first half of 2023.

The Firm has made important strides in a number of areas of gross sales, advertising and marketing, branding, administration and financing. These milestones give administration confidence for sustained development and substantial revenues. The Firm is specializing in its FDA Cleared Pulsed Electro Magnetic Subject (PEMF) applied sciences and the telehealth industries.

Hiring President to Information SofPulse^® World Progress

Endonovo’s hiring of Ira Weisberg as President and Chief Business Officer in December 2022 has confirmed to achieve success. The strategic hiring of Weisberg to steer gross sales, advertising and marketing and model initiatives is about to drive Endonovo’s enlargement and distribution efforts.

Weisberg’s distinguished profession spans over 4 many years in healthcare and pharmaceutical administration, enterprise improvement, finance, gross sales and advertising and marketing. He brings a wealth of experience to the desk and has helped to propel Endonovo’s non-opioid ache administration initiatives and the enlargement of PEMF therapies each domestically and internationally.

Market Penetration and Model Enlargement

Endonovo is efficiently increasing its attain to new areas and growing model consciousness domestically and internationally. The Firm’s revolutionary method to ache reduction and non-opioid options has garnered widespread consideration in increasing medical markets. The Firm has been profitable in increasing contracts to develop market and model initiatives to raised service in-patient, out-patient, wellness and direct-to-consumer markets.

“Administration believes that the actions taken through the first two quarters of 2023 have strategically positioned our merchandise to make substantial revenues within the rising $400 billion ache/telehealth markets,” Weisberg said.

Expanded Distribution for Veterans and Army Personnel

Endonovo continues to be devoted to supporting veterans and active-duty army personnel who’ve served our nation with honor and dedication. Within the first quarter of 2023, we solidified a strategic partnership with Academy Medical, a number one distribution firm, serving Veterans and Dept of Protection sufferers. The Veteran Well being Administration (VA) is its largest buyer.

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The settlement will help to play a pivotal function in delivering important PEMF- therapies and medical merchandise to authorities services. To arrange for scalable development, Endonovo is within the means of constructing devoted gross sales and advertising and marketing initiatives to assist the expansion of its expanded distribution contracts.

“We’re thrilled with the progress we have now made within the final six months, and we stay steadfast in our mission to rework ache and irritation reduction and develop telehealth options. With our pioneering PEMF know-how and strategic initiatives, we’re poised for continued development and success,” Weisberg mentioned.

Scientific Analysis and Developments in Patent Know-how

The Firm appears to proceed its analysis and improvement efforts to develop by its PEMF patents to deal with Central Nervous System (CNS) issues and cut back irritation signs associated to Traumatic Mind Damage (TBI), Publish-Concussion Syndrome (PCS), A number of Sclerosis (MS), dementia, Alzheimer’s illness and ischemic stroke.

Current and previous research using SofPulse^® at extremely regarded establishments, together with Stanford College and Columbia College, additional exhibit our dedication to evidence-driven medical options.

Our ongoing scientific analysis has positioned us to grab new income alternatives within the quickly increasing CNS and TBI international remedy markets. Based on Grand View Analysis, the worldwide marketplace for CNS therapeutics was valued at $116.2 billion in 2020, projected to develop at a exceptional Compound Annual Progress Fee (CAGR) of seven.4% from 2021 to 2028, reaching $214.8 billion in 2028. The marketplace for TBI remedy alone is estimated to surge from $3.1 billion in 2021 to $4.5 billion in 2026, as reported by World Market Estimates.

Development of TBI Analysis

Over the previous six months, SofPulse^® PEMF Remedy has garnered overwhelmingly optimistic responses from famend medical researchers and high international cognitive institutes to guage the unbelievable potential in assuaging TBI signs. Proposed research purpose to focus on acute head accidents, together with concussions and Publish-Concussion Syndrome (PCS), with anticipated outcomes to alleviate complications, dizziness and cognitive impairment.

Endonovo influencer David Irving, a former NFL Dallas Cowboy and Las Vegas Raider Defensive lineman, brings private expertise to the forefront. Having confronted over 20 concussions by the age of 26, David joins us to recruit fellow athletes experiencing ongoing TBI signs for our transformative research.

Empowering Healthcare Options Worldwide

Endonovo’s worldwide enlargement technique is accelerating. In partnership with a world distribution firm, EverMed Inc, we eagerly await Taiwan FDA approval to deliver the groundbreaking SofPulse^® medical machine to the nation. Our distribution efforts in Mexico and Costa Rica have already resulted in substantial orders, producing lots of of 1000’s of {dollars} in income.

Shifting ahead, the Firm’s sights are set on enlargement into key markets akin to: Australia, South America, Europe, South Korea, Thailand and Singapore. Preliminary response and contract negotiations have exhibited that the worldwide medical markets are taking discover of our revolutionary ache reduction options and non-opioid options. Endonovo appears to develop worldwide distribution efforts and believes they are going to be driving our mission to revolutionize healthcare accessibility worldwide. Along with our worldwide companions, we’re poised to form a more healthy, pain-free future for folks throughout the globe.

Telehealth Gives Healthcare Entry Anyplace, Anytime

The way forward for healthcare is taking a daring leap ahead with Endonovo’s telehealth initiative. Over the primary half of 2023, we have now achieved important milestones in designing and creating a complete telemedicine platform set to redefine how medical companies and cutting-edge gadgets attain the lots.

By means of our telehealth platform, veterans, active-duty personnel, and civilians alike may have seamless entry to medical steerage and superior ache administration options from the consolation of their properties or “on the go”. To comprehend this bold endeavor, Endonovo has partnered with a number one telehealth developer identified for pioneering transformative options within the Telemedicine Business.

Weisberg concluded his evaluate of the primary half of 2023: “SofPulse^® is the one FDA-cleared, non-narcotic, holistic pain-relieving product in a position to get ache victims again to their lives quicker with an improved high quality of life. Our PEMF therapies bolster our perception that higher entry to our therapies will lead us to stay higher lives.”

About Endonovo Therapeutics, Inc.

Endonovo Therapeutics is at present structured into two divisions: Legacy – a commercial-stage developer primarily of noninvasive wearable Electroceuticals^® therapeutic gadgets for ache reduction, basic wellness and wound curatives with a lot of its merchandise marketed below the SofPulse^® model identify; and its Construct Up Technique – buying complementary specialty service suppliers of worthwhile biotechnology and specialty development firms.

Protected Harbor Assertion

This press launch accommodates info that constitutes forward-looking statements made pursuant to the secure harbor provisions of the Non-public Securities Litigation Reform Act of 1995. All statements, tendencies, evaluation, and different info contained on this press launch together with phrases akin to “anticipate”, “consider”, “plan”, “estimate”, “anticipate”, “intend” and different comparable expressions of opinion, represent forward-looking statements. Any such forward-looking statements contain dangers and uncertainties that might trigger precise outcomes to vary materially from any future outcomes described inside the forward-looking statements. Threat components that might contribute to such variations embrace these issues extra absolutely disclosed within the Firm’s experiences filed with the Securities and Trade Fee. The forward-looking info supplied herein represents the Firm’s estimates as of the date of the press launch, and subsequent occasions and developments could trigger the Firm’s estimates to alter. The Firm particularly disclaims any obligation to replace the forward-looking info sooner or later. Subsequently, this forward-looking info shouldn’t be relied upon as representing the Firm’s estimates of its future monetary efficiency as of any date subsequent to the date of this press launch.

Investor Relations Contact:
Endonovo Therapeutics, Inc.
Steve Barnes
(800) 701-1223 Ext. 108
[email protected]
www.endonovo.com

Media Contact:
Gregory A. McAndrews
Greg McAndrews & Associates
(310) 804-7037
[email protected]