8-K
Vycor Medical Inc (VYCO)
UNITEDSTATESSECURITIES AND EXCHANGE COMMISSION
WASHINGTON,D.C. 20549
FORM8-K
CURRENTREPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
Dateof Report (Date of earliest event reported): June 30, 2020
VycorMedical, Inc.
(Exact Name of Registrant as Specified in its Charter)
| Delaware | 001-34932 | 20-3369218 |
|---|---|---|
| (State<br> or Other Jurisdiction<br><br> <br>of<br> Incorporation) | (Commission<br><br> <br>File<br> No.) | (I.R.S.<br> Employer<br><br> <br>Identification<br> No.) |
| 951<br> Broken Sound Parkway, Suite 320, Boca Raton, FL | 33487 | |
| --- | --- | |
| (Address<br> of Principal Executive Offices) | (Zip<br> Code) |
Registrant’s telephone number, including area code: (561) 558-2020
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| [ ] | Written<br> communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| [ ] | Soliciting<br> material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| [ ] | Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| [ ] | Pre-commencement<br> communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title<br> of each class | Trading<br> Symbol | Name<br> of each exchange on which registered |
|---|---|---|
| Common<br> Stock | VYCO | OTCQB |
TABLEOF CONTENTS
| Item<br> 7.01 | Regulation<br> FD Disclosure |
|---|---|
| Item<br> 9.01 | Financial<br> Statements and Exhibits |
| SIGNATURES | |
| Item 7.01 | Regulation FD Disclosure |
| --- | --- |
On June 30, 2020, Vycor Medical, Inc. (the “Company”) published a press release entitled “Vycor Medical, Inc. Agrees New NovaVision Licensing Agreement” announcing a new licensing arrangement with respect to Germany, Austria and Switzerland with HelferApp GmbH.
The information in Item 7.01 of this report, including Exhibit 99.1, is being furnished pursuant to Item 7.01 of Form 8-K and shall be deemed “furnished” and not “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.
| Item 9.01 | Financial Statements and Exhibits |
|---|
(d) Exhibits:
| Exhibit No. | Description |
|---|---|
| 99.1 | Vycor Medical, Inc. Press Release dated June 30, 2020 |
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Vycor Medical, Inc. | |
|---|---|
| By: | /s/ Peter C. Zachariou |
| Name: | Peter<br> C. Zachariou |
| Title: | Chief<br> Executive Officer |
| Dated: | June<br> 30, 2020 |
EXHIBIT99.1

VycorMedical, Inc. Agrees New NovaVision Licensing Agreement
BOCARATON, FL (June 30, 2020) – Vycor Medical, Inc. (“Vycor”) (OTCBB—VYCO) today announced that its wholly owned subsidiary, NovaVision, Inc. (“NovaVision”), has signed an agreement in principle to enter into an exclusive licensing agreement with HelferApp GmbH (“HelferApp”). Under the terms of the agreement HelferApp will have the exclusive rights for NovaVision’s diagnostic products and therapies provided direct to the patient and to medical professionals in Germany, Austria and Switzerland. The combination of the NovaVision therapies will allow HelferApp to create an unrivalled portfolio of scientifically supported therapies addressing the visual rehabilitation market in the territories.
This transaction follows Vycor’s statement in May that it intended to close NovaVision’s German office and evaluate a transition to a license model for NovaVision in Europe. This complementary transaction with HelferApp provides a validation for a license-based model. NovaVision will seek internationally to partner with strong regional companies who will be better able to leverage NovaVision’s clinically supported vision therapies.
The cooperation of NovaVision and HelferApp opens new paths in digital care, with potentially significant benefits in digital teletherapeutic rehabilitation and better patient outcomes. HelferApp will also drive the adoption of NovaVision’s NeuroEyeCoach saccadic training program, which was the subject of a recent large 300 patient study led by Arash Sahraie from the School of Psychology, University of Aberdeen and co-authored by Jose Romano, Chief of the Stroke Division at the University of Miami Miller School of Medicine, which was published in the journal Cortex, and which demonstrated its effectiveness in assisting patients who have suffered a visual field deficit with their visual search tasks.
As part of the transaction existing NovaVision patients currently being treated by NovaVision in the regions covered by the licensing agreement will be transferred over to HelferApp. Other European and international patients being treated by NovaVision’s German office will be handled by NovaVision’s US clinicians. Both NovaVision and HelferApp will work closely to ensure a smooth transition with as little patient disruption as possible.
Peter Zachariou, CEO of Vycor, commented: “We are delighted to be entering into a partnership with HelferApp, who we believe is the perfect partner to leverage our therapies and diagnostics more broadly into the German, Austrian and Swiss markets. This marks an encouraging first step in our strategy of entering into licensing agreements with strong regional partners”.
Vycor/NovaVisionContact: Charles Beard
561-5582000
Linkto Study: https://doi.org/10.1016/j.cortex.2019.12.005
AboutVycor Medical, Inc.
Vycor Medical (OTCQB: VYCO) is dedicated to providing the medical community with innovative and superior surgical and therapeutic solutions. The company has a portfolio of FDA cleared medical solutions that are changing and improving lives every day. The company operates two business units: Vycor Medical and NovaVision, both of which adopt a minimally or non-invasive approach.
For the latest information on the company, including media and other coverage, and to learn more, please go online at www.vycormedical.com, www.vycorvbas.com or www.novavision.com.
SafeHarbor Statement
Informationin this document constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statementswithin the meaning of the Private Securities Litigation Reform Act of 1995. The words “forecast”, “anticipate”,“estimate”, “project”, “intend”, “expect”, “should”, “believe”,and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve, and aresubject to known and unknown risks, uncertainties and other factors which could cause Vycor Medical’s actual results, performance(financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievementsexpressed or implied by such forward-looking statements. The risks, uncertainties and other factors are more fully discussed inVycor Medical’s filings with the U.S. Securities and Exchange Commission. All forward-looking statements attributable toVycor Medical herein are expressly qualified in their entirety by the above-mentioned cautionary statement. Vycor Medical disclaimsany obligation to update forward-looking statements contained in this estimate, except as may be required by law.
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