SANUWAVE, Inc. Reports Third Quarter 2012 Financial Results
11/15/2012 7:45:57 AM
ALPHARETTA, Ga., Nov. 14, 2012 (GLOBE NEWSWIRE) -- SANUWAVE Health, Inc. (OTCBB:SNWV) today reported financial results for the three and nine months ended September 30, 2012 and provided a business update.
Kevin A. Richardson, II, Chairman of the Board of Directors of SANUWAVE, said, "I am very pleased that we have been able to reduce the Company's cash burn while making sure we do not affect the value of the business or our capability to start up and conduct our next dermaPACE® study to treat diabetic foot ulcers. We are taking additional cost cutting measures in the fourth quarter of 2012 that will reduce further the Company's expenses not related to the upcoming dermaPACE study."