Oral appliance maker Vivos Therapeutics has entered into an exclusive licensing agreement with VSB, LLC, an operating company owned by Willis Pumphrey, DDS, 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, Colo, Highlands Ranch, Colo, Arvada, Colo, and has plans for facilities in Cherry Creek (Denver) and Colorado Springs, Colo.
The Vivos System is an oral appliance for obstructive sleep apnea appliance that remodels the upper airway by gradually developing/repositioning the jaws, according to Vivos, which adds that the Vivos System treatment typically lasts 12 to 24 months and can allow some patients to avoid further clinical intervention.
“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,” says Kirk Huntsman, CEO of Vivos, in a release. “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.”
Pumphrey, an 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 for $150 million in order to co-venture with Vivos and join its board of directors.