ViaDerma, Inc. announced the completion of a licensing agreement with a group of affiliated wound care medical practices. The medical practices provide advanced wound care treatment to homebound patients and are currently operating in six states. ViaDerma’s goal is to increase its presence to medical practices in sixteen states this year and to be in all fifty states by the end of 2022. As part of their wound care treatment protocol, the medical practices will be utilizing their own private label medication based on the technology developed by ViaDerma President and CEO, Dr. Chris Otiko. The cost of the licensing agreement is $5000 per practice per month. The current agreement is worth $30,000 per month ($360,000 annually). The first payment of $30,000 is due before the end of January 2021.