PETALUMA, Calif.--(BUSINESS WIRE)--Oculus Innovative Sciences, Inc. (Nasdaq: OCLS), a biopharmaceutical company that develops, manufactures and markets a family of products based upon the Microcyn® Technology platform, which is intended to treat infections in chronic and acute wounds, announced today it has entered into a definitive agreement with Oculus’ strategic partner, VetCure™ Inc., whereby VetCure and its affiliates are making a $3 million investment in return for the exclusive rights to distribute and sell Vetericyn Wound Care for animals in the United States and 3 million shares of common stock with warrants. This cash infusion is a key element in Oculus’ recently announced strategy to bring the company to profitability in just 12 months. Merriman Curhan Ford & Co. served as financial advisor to Oculus in the transaction.
