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Medical Technology: Invo Inks Ukraine Distribution Deal

October 15, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Invo Bioscience, Inc. (OTCBB: IVOB), a medical device company focused on treatment options for patients diagnosed with infertility, said it has signed an exclusive sales and distribution agreement with the Ukraine-based Biodar Plus Co. to distribute the Invocell product throughout Ukraine and to provide the Invo Bioscience infertility treatments in its in-house infertility center.

According to Invo, Biodar Plus is licensed by the Ukrainian Ministry of Health to provide a range of medical services, including gynecological and infertility treatments, and to distribute certain medical devices.

Ukraine, as a country, suffers the demographic problem of a shrinking population. The Ukrainian government provides a series of cash incentives for couples to encourage an increase in the rate of national childbirth. The Ukrainian Government is also planning the implementation of a monthly subsidy payment for each child less than 18 years old.

Biodar Plus plans on providing Invo Bioscience's infertility treatments in its in-house infertility department, as well as distribute the Invocell device to other doctors and centers across the Ukraine.

Massachusetts-based Invo Bioscience is focused on creating simplified, lower cost treatment options for patients diagnosed with infertility. The company's lead product, the Invocell, is a novel medical device used in infertility treatment that enables egg fertilization and early embryo development in the woman's vaginal cavity.

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