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Odyssey Health (OTCQB: ODYY) closes exclusive global BreastCheck™ distribution deal

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Odyssey Health, Inc. closed a definitive sub-license agreement giving its subsidiary, Odyssey Medical Devices, exclusive worldwide marketing and distribution rights to BreastCheck™, a non-invasive at-home breast screening test. BreastCheck™ delivers results in about 15 minutes and is intended as a first-line adjunct to mammography and clinical exams.

The test is registered with regulators in the U.S., European Union, and United Kingdom, supporting an international commercial footprint. Odyssey highlights this agreement as a key step in shifting toward revenue-generating products, with commercial sales of BreastCheck™ anticipated in the second half of the year and a focus on recurring revenue from repeat screening use.

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Insights

Exclusive global rights to BreastCheck™ give Odyssey a defined commercial product path but without disclosed financial terms.

Odyssey has closed an exclusive worldwide marketing and distribution sub-license for BreastCheck™, an at-home, non-invasive breast abnormality screening test. The product is already registered with regulators in the U.S., EU, and UK, which can shorten time to market compared with an unapproved device.

Management frames this as a shift toward revenue-generating, recurring-use products, with commercial sales anticipated in the second half of the year. The filing also notes a global breast cancer screening market size of about $26 billion, underscoring the potential opportunity, though no specific revenue projections or deal economics are provided.

Actual financial impact will depend on Odyssey’s ability to manufacture, market, and distribute BreastCheck™ at scale, as well as patient and clinician adoption versus established methods. Future company filings and updates on launch timing and early sales will clarify how quickly this agreement translates into meaningful revenue.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Breast cancer screening market size $26 billion Estimated global breast cancer screening market
BreastCheck result time 15 minutes Approximate time to receive BreastCheck™ results
Expected invasive U.S. cases 2025 316,950 cases American Cancer Society estimate for invasive breast cancer in 2025
Expected non-invasive U.S. cases 2025 59,080 cases American Cancer Society estimate for non-invasive breast cancer in 2025
Share of new cancers in U.S. women 30% Breast cancer share of new cancers among U.S. women
Global new cases 2022 2.3 million World Health Organization estimate of new breast cancer cases worldwide in 2022
Global deaths 2022 670,000 World Health Organization estimate of global breast cancer deaths in 2022
Projected annual global cases 2050 3.2 million Projected yearly breast cancer cases worldwide by 2050
sub-license agreement financial
"closing of a definitive sub-license agreement granting its wholly-owned subsidiary exclusive worldwide rights"
exclusive worldwide marketing and distribution rights financial
"granting its wholly-owned subsidiary, Odyssey Medical Devices, Inc., exclusive worldwide marketing and distribution rights for BreastCheck™"
recurring revenue financial
"strategic transition toward revenue-generating commercial products with recurring revenue potential"
Revenue that a company expects to receive on a regular, predictable basis from ongoing sources such as subscriptions, service contracts, or repeat customer purchases. It matters to investors because it provides steadier cash flow and makes future earnings easier to forecast—like a landlord collecting monthly rent instead of one-off sales—supporting higher valuations and lower risk when those payments are reliable and customers tend to stay.
forward-looking statements regulatory
"This communication contains “forward-looking statements” within the meaning of the safe harbor provisions"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
adjunct medical
"intended to be an adjunct to established procedures for the detection of breast disease"
An adjunct is a product, treatment, or measure used alongside a primary therapy or solution to improve effectiveness or manage side effects. For investors, adjunct uses can widen a product’s market, create additional sales through combination use, and change regulatory or reimbursement pathways—like adding a sidecar to a motorcycle to carry more cargo, it increases usefulness but can also alter costs, safety considerations, and approval requirements.
breast cancer screening medical
"enter the global breast cancer screening market, estimated at approximately $26 billion"
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

Current Report

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report: April 21, 2026

(Date of earliest event reported)

 

ODYSSEY HEALTH, INC.

(Exact name of registrant as specified in its charter)

 

 

Nevada 000-56196 47-1022125
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification Number)

 

2300 West Sahara Avenue, Suite 800 - #4012,
Las Vegas, NV
89102
(Address of principal executive offices) (Zip Code)

 

(702) 780-6559

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
N/A N/A N/A

 

Securities registered pursuant to Section 12(g) of the Act:

 

Title of each Class Trading Symbol Name of Each Exchange on Which Registered
Common Stock ($0.001 par value) ODYY OTC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b2 of the Securities Exchange Act of 1934 (§240.12b2 of this chapter). Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

   

 

 

Item 1.01. Entry into a Material Definitive Agreement.

 

On April 21, 2026, Odyssey Health, Inc., a Nevada corporation (“Odyssey” the “Company”) successfully closed the Master Technology and Sub-license Agreement (the “Agreement”) with NeuRX Health, Inc. (“NeuRX”) which was entered into on October 14, 2025, and as further described in the Company’s Form 8-K filed with the Securities and Exchange Commission on October 17, 2025. Pursuant to the Agreement, the Company signed the Agreement granting its wholly-owned subsidiary, Odyssey Medical Devices, Inc., exclusive, worldwide marketing and distribution rights to the BreastCheckTM, a non-invasive test for breast abnormalities. The transaction was subject to certain customary closing conditions by each party and both parties have satisfied the conditions.

 

The information set forth in the Form 8-K Current Report filed on October 17, 2025, is hereby incorporated by reference into this Form 8-K Current Report.

 

The description of the Agreement contained therein is a summary and is qualified in its entirety by reference to the form of the Agreement in the Form 8-K Current Report filed on October 17, 2025. 

 

On April 21, 2026, the Company and NeuRX entered into Amendment No. 1 to the Agreement to effectuate the closing.

 

Item 8.01. Other Information.

 

On April 22, 2026, the Company issued a press release announcing the Closing of the Agreement. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No. Description
10.1

Master Technology and Sub-license Agreement between Odyssey and NeuRX incorporated by reference to Form 8-K filed on October 17, 2025

10.2 Amendment No. 1, dated April 21, 2026, to the Master Technology and Sub-License Agreement dated October 14, 2025
99.1

Press Release dated April 22, 2026

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

 2 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

Odyssey Health, Inc.

   
Date: April 24, 2026 By:  /s/ Joseph Michael Redmond
    Joseph Michael Redmond
Chief Executive Officer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 3 

Exhibit 99.1

 

Odyssey Health, Inc. Secures Exclusive Global Distribution Rights for BreastCheck™ to Drive Recurring Revenue Growth

Agreement Positions Company for Near-Term Revenue and Commercial Launch

 

LAS VEGAS, NV, April 22, 2026 (GLOBE NEWSWIRE) — Odyssey Health, Inc. (OTCQB: ODYY), a medical device company focused on life-saving technologies, today announced the closing of a definitive sub-license agreement granting its wholly-owned subsidiary, Odyssey Medical Devices, Inc., exclusive worldwide marketing and distribution rights for BreastCheck™.

 

This transaction positions Odyssey to enter the global breast cancer screening market, estimated at approximately $26 billion, with a differentiated, non-invasive, at-home screening solution. BreastCheck™ delivers results in approximately 15 minutes and is designed to aid early-stage detection of breast abnormalities, supporting increased accessibility and frequency of screening.

 

While not a replacement for mammography, BreastCheck™ is designed to serve as a first line screening tool, potentially expanding patient engagement and driving recurring usage. BreastCheck™ is registered with the U.S. Food and Drug Administration) and with regulatory authorities in the European Union and the United Kingdom, enabling a broad commercial footprint.

 

“With the addition of BreastCheck™, we are advancing our strategic transition toward revenue-generating commercial products with recurring revenue potential,” said Michael Redmond, President and CEO of Odyssey. “We believe this agreement provides a clear pathway to near-term revenue, with commercial sales anticipated to commence in the second half of the year. This milestone significantly strengthens our portfolio and supports our long-term growth strategy.”

 

About BreastCheckTM

BreastCheck™, a product of Davion Healthcare PLC, is a safe, accurate and low-cost, way to routinely monitor for breast abnormalities and is intended to be an adjunct to established procedures for the detection of breast disease, such as clinical breast examination and mammography. Abnormalities within the breast frequently produce additional breast heat. BreastCheck™ averages temperature at three areas on each breast. By comparing the temperature of corresponding areas of one breast to the other and entering the results on the BreastCheck™ Mobile App, results can be interpreted immediately.

 

About Breast Cancer

Breast cancer is the most common cancer in women worldwide and a leading cause of cancer-related deaths. It occurs when abnormal cells in the breast grow uncontrollably, forming tumors that may spread to other parts of the body. The American Cancer Society estimates that in the United States about 316,950 invasive and 59,080 non-invasive cases are expected in 2025 and breast cancer accounts for roughly 30% of new cancers among women. According to the World Health Organization, in 2022, an estimated 2.3 million women were newly diagnosed with breast cancer worldwide and around 670,000 die from the disease. If current trends continue, by 2050 the number of new breast cancer cases per year is projected to rise to 3.2 million globally.

 

About Odyssey Health, Inc.

Odyssey Health, Inc. (OTCQB: ODYY) is a medical technology company with a focus in the area of life-saving medical solutions. Odyssey’s corporate mission is to create, acquire and accumulate distinct assets, intellectual properties, and exceptional technologies that provide meaningful medical solutions. The Company is focused on building and acquiring assets with an identified technological advantage, superior clinical utility, and a substantial market opportunity. Odyssey Medical Devices, Inc is a wholly owned subsidiary of Odyssey Health Inc.

 

Forward-Looking Statements

This communication contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding the Company’s ability to successfully and timely close the sub-license agreement. These statements are based on management’s current expectations, assumptions, and available information. Forward-looking statements are often identified by words such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “project,” and similar expressions that do not relate solely to historical facts. Investors are cautioned not to place undue reliance on these statements, as they are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied. Such risks and uncertainties include, but are not limited to: the Company’s ability to advance the manufacturing and commercialization of BreastCheck™ within anticipated timelines; its ability to secure adequate financing, whether dilutive or non-dilutive; and its expectations regarding the potential benefits, effectiveness, safety, manufacturing, and distribution of BreastCheck™, as well as broader economic and market conditions. Additional risks are detailed in the Company’s filings with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date of this communication, and the Company undertakes no obligation to update them, except as required by law.

 

FAQ

What did Odyssey Health (ODYY) announce in this Form 8-K?

Odyssey Health announced it closed a definitive sub-license giving its subsidiary exclusive worldwide marketing and distribution rights for BreastCheck™, a non-invasive breast screening test, marking a key step toward revenue-generating commercial products with recurring usage potential.

What is BreastCheck™ in the Odyssey Health (ODYY) agreement?

BreastCheck™ is a non-invasive, at-home breast screening test that delivers results in about 15 minutes. It measures temperature differences across both breasts to help detect abnormalities and is intended as a first-line adjunct to mammography and clinical breast examinations.

How large is the breast cancer screening market mentioned by Odyssey Health (ODYY)?

Odyssey cites an estimated global breast cancer screening market of approximately $26 billion. By securing worldwide rights to BreastCheck™, the company positions itself to pursue a share of this market with a differentiated, at-home screening tool designed for recurring use.

When does Odyssey Health (ODYY) expect BreastCheck™ commercial sales to begin?

Odyssey’s CEO stated that commercial sales of BreastCheck™ are anticipated to commence in the second half of the year. This timing supports the company’s stated goal of moving toward near-term revenue from recurring, product-based sales rather than purely development-stage activities.

Where is BreastCheck™ currently registered, according to Odyssey Health (ODYY)?

BreastCheck™ is registered with the U.S. Food and Drug Administration and with regulatory authorities in the European Union and the United Kingdom. These registrations support a broad commercial footprint across major healthcare markets and can facilitate international product deployment.

How does BreastCheck™ fit into existing breast cancer screening for Odyssey Health (ODYY)?

BreastCheck™ is described as an adjunct tool, not a replacement for mammography. It is intended as a first-line, low-cost, frequent screening option that can encourage routine self-monitoring, with abnormal results prompting follow-up through established clinical examinations and imaging.

Filing Exhibits & Attachments

5 documents