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confidence medium
sentiment neutral
materiality 0.30
Petros Pharmaceuticals enters research agreement with Mass General for oxygenation sensor in erectile therapy
Petros Pharmaceuticals, Inc.
- Signed Sponsored Research Agreement and Option Agreement with Wellman Center of Massachusetts General Hospital.
- Goal is to evaluate tissue-specific oxygenation sensor to monitor success of Erectile Device Therapy.
- Option agreement allows Petros to negotiate an exclusive license of the sensor technology for specific human tissues.
- Sensor intended to provide bio-sensor feedback for at-home penile therapy, enhancing existing erectile device therapy.