Orchid Ventures, Inc. announced it has entered into an exclusive agreement with Eurox Pharma GmbH. Under the terms of the agreement, Eurox, PurTec, and JWEI, the Company's OEM supplier and partner, will submit one of PurTec's premium disposable vaporizer devices to authorities in Germany for Medical Device Approval. All three companies will be working in collaboration on several requirements and safety studies to prove the efficacy and
safety of the device. The companies have already begun securing various certifications to speed up the approval process. Once the device is approved, Eurox w have exclusivity regarding sales and distribution of the PurTec product in the European Union, United Kingdom and Brazil.