Medical Devices
Advanced Medical Institute completes prototypes of ultrasonic nebulizer device
Published in Biotech Business Week, March 13th, 2006
Advanced Medical Institute, Inc., (AVMD) announced that Intelligent Medical Technologies Pty, Ltd., (IMT), a 93% subsidiary of its wholly-owned Australian operating company, has completed two of its final prototypes suitable for mass production for an ultrasonic nebulizer device to be used in the treatment of sexual dysfunction and has filed worldwide patent and design applications covering its technology.
In November 2003, IMT was granted the exclusive worldwide rights to manufacture, sell and distribute and sublicense products relating to the technology and associated patents for use in the treatment of sexual dysfunction by Sheiman Ultrasonic Research Foundation....
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