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PetVivo Holdings Announces Publication of Peer-Reviewed Clinical Study Evaluating Spryng® in Veterinary Record

(Moderate)
(Positive)

PetVivo Holdings (OTCQX: PETV) announced publication in Veterinary Record of a peer-reviewed, prospective proof-of-concept clinical study evaluating Spryng® with OsteoCushion® Technology in dogs with stifle osteoarthritis and suspected cranial cruciate disease. The 40 client-owned dogs received a single intra-articular injection of PetVivo’s collagen-elastin hydrogel microparticulate device and were followed for 84 days using serial clinical exams, the modified Glasgow Composite Pain Scale (mGCPS), clinician assessments, and owner-reported measures.

According to PetVivo, 55% of dogs achieved at least a 25% improvement in the primary endpoint mGCPS, and statistically significant improvements occurred across all additional subjective clinician- and owner-assessed outcomes. Investigators concluded the biomaterial demonstrated feasibility within the subjective parameters studied, while emphasizing that further trials using objective outcome measures are warranted. The study, funded by PetVivo and conducted by a multi-center team of board-certified specialists at leading U.S. referral hospitals, was independently peer-reviewed. PetVivo now has three peer-reviewed publications on Spryng®, which the company views as strengthening scientific evidence, veterinarian confidence, and long-term adoption of its proprietary intra-articular biomaterial platform.

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Positive

  • 40-dog proof-of-concept study with single Spryng® injection over 84 days
  • 55% of dogs achieved at least 25% improvement in primary pain scale (mGCPS)
  • Statistically significant improvements across all additional subjective clinician and owner measures
  • Study accepted in Veterinary Record, a major peer-reviewed veterinary journal
  • Multi-center trial by board-certified specialists at several U.S. referral hospitals
  • Total of three peer-reviewed publications now support the Spryng® platform

Negative

  • Study described as proof-of-concept with a relatively small cohort of 40 dogs
  • Outcomes based on subjective measures; investigators call for objective measures in future trials
  • Study was funded by PetVivo, which can raise perceived sponsorship bias among some investors

News Market Reaction – PETV

+1.12%
+1.12% Session close to close

In the Jul 14 session, PETV gained 1.12%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

Against a backdrop of low reported short positioning and recent net insider buying of 625,000 shares...
Analysis

Against a backdrop of low reported short positioning and recent net insider buying of 625,000 shares, this peer-reviewed Spryng study adds to PETV’s clinical narrative. Investors may watch how additional objective data and any further equity financings influence adoption and capital needs.

Key Figures

Sample size: 40 dogs Follow-up duration: 84-day period Responder rate: 55% of enrolled dogs +5 more
8 metrics
Sample size 40 dogs Prospective proof-of-concept study cohort
Follow-up duration 84-day period Post-injection evaluation window
Responder rate 55% of enrolled dogs Achieved ≥25% improvement in mGCPS primary endpoint
Response threshold 25% improvement Cutoff for primary endpoint on mGCPS
Injections per dog Single intra-articular injection Dosing regimen of collagen-elastin biomaterial
Peer-reviewed publications Three publications Total peer-reviewed studies evaluating Spryng technology
Pre-headline price $0.76 Last close before this publication
52-week range $0.60 – $1.69 Low and high prior to this news

Historical Context

5 past events · Latest: Jun 29 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 29 Earnings report Positive -4.5% Fiscal 2026 results plus Spryng authorization in Canada and commercialization timeline.
Jun 25 Earnings date notice Neutral +6.3% Announcement of reporting date and earnings call schedule for FY 2026 results.
Jun 24 Acquisition announcement Positive +0.6% Merger agreement to acquire PiezoBioMembrane to expand functional biomaterials platform.
Jun 08 Investor event Neutral +9.4% Virtual investor event focused on Spryng, veterinarian feedback, and access expansion.
Apr 29 Partnership announcement Positive -2.3% Tier 1 AI contract to provide investor-intelligence solution across PETV’s digital ecosystem.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent PETV news has produced mixed reactions, with several positive-sounding catalysts selling off while other neutral or strategic updates have seen modest gains.

Key Terms

modified glasgow composite pain scale, cranial cruciate disease, intra-articular, extracellular matrix, +1 more
5 terms
modified glasgow composite pain scale medical
"using serial clinical examinations, the modified Glasgow Composite Pain Scale (mGCPS)"
A standardized scoring tool used by veterinarians and researchers to measure pain levels in animals—most commonly dogs—by observing behavior and physical signs and assigning points across several categories. Think of it like a checklist or thermometer that translates visible reactions into a numeric score. It matters to investors because it is often used as an objective endpoint in animal health trials, product labeling, and welfare reporting, affecting regulatory assessments and commercial claims.
cranial cruciate disease medical
"dogs diagnosed with unilateral suspected cranial cruciate disease and osteoarthritis"
A degenerative or traumatic condition in animals where the cranial cruciate ligament in the knee (stifle) becomes damaged or ruptures, causing pain, instability and arthritis; it is the veterinary counterpart to a torn anterior cruciate ligament (ACL) in humans. It matters to investors because it drives demand for veterinary diagnostics, surgeries, implants, rehabilitation services and related pharmaceuticals, affecting revenue and growth in animal-health, medical-device and pet-insurance markets.
intra-articular medical
"Each dog received a single intra-articular injection of the collagen-elastin"
An intra-articular treatment is one that is injected directly into a joint space, such as the knee or shoulder, to deliver medication or therapy right where the problem is. For investors, this matters because intra-articular delivery can improve effectiveness and reduce systemic side effects compared with pills or injections elsewhere in the body, affecting a drug’s clinical value, regulatory pathway, market appeal, and reimbursement prospects.
extracellular matrix medical
"comprised of sterilized extracellular matrix microparticles derived from natural collagen"
A network of proteins and other molecules that sits outside cells and gives tissues their shape, strength and a medium for cells to send signals and move — like the scaffolding and wiring inside a building. Investors care because changes to this matrix play a major role in diseases, wound healing and tissue repair, making it a common target for drugs, medical devices and diagnostics that can drive regulatory decisions and commercial value.
peer-reviewed technical
"announced the publication of a peer-reviewed clinical study evaluating Spryng"
Peer-reviewed means a study, report or paper has been examined and approved by independent experts in the same field before publication, like having multiple qualified inspectors check a building plan. For investors, peer review signals that methods and conclusions have passed scrutiny beyond the author’s claims, making scientific, clinical or technical findings more reliable and reducing the chance that decisions or valuation are based on unchecked or flawed evidence.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Peer-Reviewed Study Demonstrates Feasibility and Statistically Significant Improvements in Subjective Clinical Outcomes in Dogs with Stifle Osteoarthritis and Suspected Cranial Cruciate Disease

Minneapolis, MN, July 14, 2026 (GLOBE NEWSWIRE) -- PetVivo Holdings, Inc. (OTCQX: PETV; OTCID: PETVW), in cooperation with its wholly-owned subsidiaries PetVivo Animal Health, Inc., Cosmeta Corp and PetVivo AI, Inc., a leading provider of medical devices and biomedical therapeutics for equines and companion animals, today announced the publication of a peer-reviewed clinical study evaluating Spryng® with OsteoCushion® Technology in the peer-reviewed journal Veterinary Record.

The publication represents another important milestone in the continued expansion of the scientific evidence supporting Spryng® with OsteoCushion® Technology and reflects the growing interest among veterinary orthopedic specialists in evaluating novel biomaterial technologies for the management of canine osteoarthritis and cranial cruciate ligament disease.

The study, entitled "Short-term outcomes following intra-articular biomaterial injection for pain secondary to stifle osteoarthritis and suspected cranial cruciate ligament injury in dogs," evaluated the use of Spryng®, PetVivo's proprietary collagen-elastin hydrogel microparticulate veterinary medical device, in dogs diagnosed with suspected cranial cruciate disease (CCD) and stifle osteoarthritis (OA).

The abstract of the published study is available at:

https://bvajournals.onlinelibrary.wiley.com/doi/10.1002/vetr.70805

The prospective proof-of-concept study enrolled 40 client-owned dogs diagnosed with unilateral suspected cranial cruciate disease and osteoarthritis. Each dog received a single intra-articular injection of the collagen-elastin hydrogel microparticulate biomaterial and was evaluated over an 84-day period using serial clinical examinations, the modified Glasgow Composite Pain Scale (mGCPS), clinician assessments, and owner-reported outcome measures.

Among the findings reported by the investigators:

  • 55% of enrolled dogs achieved at least a 25% improvement in the study's primary endpoint, the modified Glasgow Composite Pain Scale (mGCPS).
  • Statistically significant improvements were observed across all additional subjective clinician- and owner-assessed outcome measures during the study period.
  • The investigators concluded that the collagen-elastin hydrogel microparticulate biomaterial demonstrated feasibility for use in dogs with suspected cranial cruciate disease and stifle osteoarthritis within the subjective parameters evaluated, while noting that further studies utilizing objective outcome measures are warranted.

While the investigators concluded that additional studies utilizing objective outcome measures are warranted, the statistically significant improvements observed across multiple clinician- and owner-assessed outcome measures provide encouraging support for continued evaluation of Spryng® as an innovative treatment option for dogs suffering from osteoarthritis associated with cranial cruciate disease.

As disclosed in the published manuscript, the study was funded by PetVivo Holdings, Inc. and conducted by the participating investigators. The findings were subsequently evaluated and accepted for publication through the independent peer-review process of Veterinary Record.

"Publication in a highly respected journal such as Veterinary Record is an important validation of PetVivo's commitment to advancing evidence-based veterinary medicine," said John Lai, Chief Executive Officer of PetVivo Holdings, Inc. "The study was conducted by an experienced team of veterinary specialists, and the publication of their findings in a peer-reviewed journal contributes to the growing body of scientific literature supporting Spryng®. We believe publications such as this strengthen veterinarian confidence in our technology while reinforcing our long-term strategy of building value through clinical evidence, innovation, and scientific credibility."

Publication in Veterinary Record, the official journal of the British Veterinary Association and one of the world's leading peer-reviewed veterinary journals, reflects the growing scientific interest in evaluating innovative biomaterial technologies for the management of osteoarthritis and other orthopedic conditions in companion animals. Peer-reviewed publication subjects research to scientific evaluation prior to publication, providing veterinarians, researchers, and industry professionals with confidence in the integrity of the reported methodology and findings.

The study was conducted by a multi-center team of board-certified veterinary surgeons and specialists from leading veterinary referral hospitals throughout the United States, including Ethos Veterinary Health, Bridger Veterinary Specialists, Wisconsin Veterinary Referral Center, Bulger Veterinary Hospital, and Veterinary Specialty Hospital San Diego. The collaboration among multiple specialty centers underscores the broad clinical interest in evaluating innovative treatment options for canine osteoarthritis and cranial cruciate ligament disease.

With this publication, PetVivo now has three peer-reviewed scientific publications evaluating Spryng® with OsteoCushion® Technology, further expanding the published body of scientific evidence supporting the Company's proprietary biomaterial platform. The Company believes that continued publication of clinical research in respected peer-reviewed journals enhances veterinarian awareness and confidence while supporting the long-term adoption of its technology.

Spryng® with OsteoCushion® Technology is a proprietary intra-articular veterinary medical device comprised of sterilized extracellular matrix microparticles derived from natural collagen and elastin. The technology is designed to provide cushioning and structural support within the joint while helping veterinarians manage pain and lameness associated with non-infectious joint conditions in companion animals.

As PetVivo continues to expand the body of clinical evidence supporting Spryng®, the Company remains committed to collaborating with leading veterinary specialists and academic institutions to further evaluate the technology across additional orthopedic indications and clinical settings. The Company believes that continued scientific validation, combined with real-world clinical experience, will further support veterinarian adoption and long-term commercial growth.

About PetVivo Holdings, Inc.

PetVivo Holdings Inc. (OTCQX: PETV; OTCID: PETVW), in cooperation with its wholly owned subsidiaries PetVivo Animal Health, Inc., Cosmeta Corp and PetVivo AI Inc., is an emerging biomedical device company currently focused on the manufacturing, commercialization and licensing of innovative medical devices and therapeutics for companion animals. The Company's strategy is to leverage human therapies for the treatment of companion animals in a capital and time efficient way. A key component of this strategy is the accelerated timeline to revenues for veterinary medical devices, which enter the market much earlier than more stringently regulated pharmaceuticals and biologics.

PetVivo has a robust pipeline of products for the treatment of animals and people. A portfolio of twelve patents and six trade secrets protect the Company's biomaterials, products, production processes and methods of use. The Company’s lead products SPRYNG® with OsteoCushion® technology, a veterinarian-administered, intra-articular injection for the management of lameness and other joint related afflictions, including osteoarthritis, in cats, dogs and horses, and PrecisePRP®, a first-in-class, off-the-shelf, platelet-rich plasma (PRP) product designed for use by veterinarians, are currently available for commercial sale.

For more information about PetVivo Holdings, Inc. or its innovative products, Spryng and PrecisePRP, please contact info1@petvivo.com or visit petvivo.com, petvivoanimalhealth.com and sprynghealth.com.

Company Contact
John Lai, CEO
PetVivo Holdings, Inc.
Email Contact
Tel (952) 405-6216

Forward-Looking commercial Statements

The foregoing information regarding PetVivo Holdings, Inc. (the “Company”) may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation the Company’s proposed development and commercial timelines, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of uncertainties and risks that could significantly affect current plans. Risks concerning the Company’s business are described in detail in the Company’s Annual Report on Form 10-K for the year ended March 31, 2026, and other periodic and current reports filed with the Securities and Exchange Commission. The Company is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.


FAQ

What clinical results did PetVivo (PETV) report for Spryng in the July 2026 Veterinary Record study?

The study reported that 55% of enrolled dogs achieved at least a 25% improvement in the modified Glasgow Composite Pain Scale. According to PetVivo, statistically significant improvements also appeared across all additional subjective clinician and owner outcome measures during the 84-day follow-up period.

How was the Spryng (PETV) Veterinary Record study in dogs with stifle osteoarthritis designed?

The study was a prospective proof-of-concept trial enrolling 40 client-owned dogs with unilateral suspected cranial cruciate disease and osteoarthritis. Each dog received a single intra-articular Spryng injection and was monitored for 84 days using clinical exams, mGCPS scores, clinician assessments, and owner-reported outcomes.

Why is publication in Veterinary Record important for PetVivo (PETV) and Spryng?

Publication in Veterinary Record subjects the research to independent peer review and positions it in a leading veterinary journal. According to PetVivo, this enhances scientific credibility, supports evidence-based veterinary medicine, and can strengthen veterinarian confidence in Spryng’s biomaterial technology for managing canine osteoarthritis.

How many peer-reviewed publications now support PetVivo’s Spryng with OsteoCushion Technology?

According to PetVivo, the Veterinary Record article brings the total to three peer-reviewed scientific publications on Spryng with OsteoCushion Technology. The company believes this expanding body of literature supports veterinarian awareness, clinical confidence, and long-term adoption of its proprietary intra-articular biomaterial platform.

Who funded and conducted the July 2026 Spryng clinical study reported by PetVivo (PETV)?

PetVivo funded the study, which was conducted by participating veterinary investigators at multiple U.S. specialty centers. According to PetVivo, a team of board-certified surgeons and specialists from referral hospitals such as Ethos Veterinary Health and others performed the trial before its independent peer-reviewed acceptance.

What limitations did investigators note in the PetVivo (PETV) Spryng Veterinary Record study?

Investigators concluded that Spryng’s collagen-elastin biomaterial showed feasibility within the subjective measures evaluated but highlighted limitations. According to PetVivo, they emphasized the need for additional studies using objective outcome measures to further characterize clinical benefits in dogs with cranial cruciate disease and osteoarthritis.