Corporate Report: Nov. 11

Comprehensive Care Corp. acquires lumbar belt rights
Tampa-based Comprehensive Care Corp. has acquired exclusive distribution rights to a patented product aimed at reducing depression in chronic back pain suffers.

The lumbar traction DDS belt is a designed to alleviate or significantly reduce lower back pain. It is expected to launch late this year or early in 2012. Users can wear the lumbar spinal decompression brace under their clothing to perform daily activities, including driving, walking and standing for long periods. Studies showed that, on average, 85% of patients who wore the brace saw signs of improvement in their lower back pain.

The agreement with Disc Disease Solutions Inc. grants CompCare the exclusive distribution rights in the U.S., Canada and Puerto Rico not only to CompCare's existing and future accounts, but also to pain and weight management clinics, the construction and moving industry and other businesses.