Tivic Health Systems (TIVC) said Tuesday it has collaborated with Fletcher Spaght to further develop its commercial strategy for non-invasive cervical vagus nerve stimulation, or ncVNS.
Fletcher Spaght initially determined about 30 potential medical use cases for Tivic's ncVNS technology as it started a thorough market study of the technology using data from the health tech company's phase 1 trial.
Fletcher Spaght is working with Tivic's experts to find the best market entry point by talking to key doctors, patients and insurance providers, Tivic said.
Financial details of the collaboration weren't provided.
Shares of Tivic fell 3.4% in recent trading.
Price: 0.27, Change: -0.01, Percent Change: -3.40
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