SUNNYVALE, CA--(Marketwired - August 09, 2016) - Viveve Medical, Inc. ("Viveve") (NASDAQ: VIVE), a medical technology company focused on women's health, today announced that the company has received regulatory approval for marketing the Viveve System from the Health Science Authority in Singapore. In 2015, Viveve announced that it entered into an exclusive distribution partnership for the Viveve System with NeoAsia PTE, Ltd. ("NeoAsia"), a distributor of medical devices based in Singapore. The announcement of market approval in Singapore follows the recent announcement of regulatory approval of the Viveve System in South Korea.
"Asia represents a very important market and, we believe, a major commercial opportunity for Viveve. We have taken many steps to support rapid commercialization of the Viveve System in Asia, including establishing a relationship with our distribution partner, NeoAsia, in Singapore. The regulatory approvals for the Viveve System in Singapore and in South Korea are significant milestones in our efforts to make this clinically-proven treatment available to the millions of women throughout Asia and around the world who are living with vaginal laxity," said Patricia Scheller, chief executive officer of Viveve.
Viveve Medical, Inc. is a women's health company passionately committed to advancing new solutions to improve women's overall well-being and quality of life. The company's lead product, the internationally patented Viveve System, is a non-surgical, non-ablative medical device that remodels collagen and restores tissue with only one treatment session. The Viveve System treats the condition of vaginal laxity that can result in decreased physical sensation and sexual satisfaction. Physician surveys indicate that vaginal laxity is the number one post-delivery physical change for women, being more prevalent than weight gain, urinary incontinence or stretch marks. The Viveve Treatment uses patented, reverse-thermal gradient radiofrequency technology to restore vaginal tissue in one 30-minute out-patient treatment in a physician's office. The Viveve System has received regulatory approval in many countries throughout the world and is available through physician import license in Japan. It is currently not available for sale in the U.S. For more information, please visit Viveve's website at www.viveve.com.
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Viveve is a registered trademark of Viveve, Inc.