Viveve Announces Exercise of Warrants for $3 Million Gross Proceeds

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Viveve Medical (VIVE) Announces Update to Corporate Strategy

April 17, 2020 8:12 AM EDT

Viveve Medical, Inc. (NASDAQ: VIVE), a medical technology company focused on women's intimate health, today provided a company update, including plans to significantly reduce operating expenses and cash burn rate, steps to strengthen its balance sheet and reconfirmation of near-term focus to advance development program for the treatment of stress urinary incontinence (SUI) in women.

"Today we have taken important steps towards preserving and creating long-term value by adjusting our commercial activities to focus on our existing customers while retaining the ability to re-scale commercial growth quickly in the future, preserving cash... More