ViaDerma, Inc. announced they are nearing the end of their discussions with a major healthcare network to finalize an initial order for the Company’s wound care product, Vitastem. The healthcare network completed successful testing of the product late last year and has approved the product for purchase. Once the initial purchase order is complete, Vitastem is expected to be incorporated into hundreds of hospitals, nursing homes and hospices with the network. The Company is also in the process of entering into an additional licensing agreement with another party interested in licensing ViaDerma products. More information will be released on the new licensing agreement soon. The current licensing agreement entered into earlier this year is expected to expand by at least two more states by the end of this month, increasing the new total number of states to eight. Under the agreement ViaDerma receives $5,000 per month for each state.