Zomedica begins commercializing VetGuardian wireless vital signs monitor via distribution deal

Zomedica Corp.

Zomedica subsidiary entered distribution agreement with Structured Monitoring Products for VetGuardian remote monitor.
VetGuardian uses patented doppler tech to monitor temperature, pulse, and respiration contact-free.
Deal follows prior note purchase agreement; two-year term with automatic 12-month renewals.
Zomedica will purchase products for resale and share service fees; no financial terms disclosed.
CEO cites improved patient care and staffing relief as key benefits for veterinary clinics.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Zomedica Corp. entered into Distribution Agreement with Structured Monitoring Products, Inc. valued at Company acquired non-exclusive rights to distribute VetGuardian remote animal vital sign and surveil (effective 2023-01-13).

Action: entry
Agreement: supply
Counterparty: Structured Monitoring Products, Inc.
Value: Company acquired non-exclusive rights to distribute VetGuardian remote animal vital sign and surveil
Effective: 2023-01-13

Exact text from the filing

On January 13, 2023 (the “Effective Date”), the wholly-owned subsidiary of Zomedica Corp., Zomedica Inc. (the “Company”), entered into Distribution Agreement (the “Distribution Agreement”) with Structured Monitoring Products, Inc. (“SMP”) whereby the Company acquired non-exclusive rights to distribute the VetGuardian remote animal vital sign and surveillance monitoring device (the “Product”).

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Source: SEC EDGAR

accession 0001654954-23-000603

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