Trovita Health Science Announces $6.3 Million Sale of SAFE-T FEED Enteral Feeding Device

PHILADELPHIA, PA January 30, 2019 – Trovita Health Science, a specialty medical nutrition company, announces the sale of SAFE-T FEED, an FDA cleared device for the administration of enteral nutrition formulas.  The US FDA granted pre-marketing authorization for the device in March 2017.  The all equity transaction was valued at $6.3 million, and the company received a return of equity shares and convertible securities in a cashless transaction.