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Thursday, December 10, 2015 10:22:42 PM
Source: InvestorsHub NewsWire
EDISON EQUITY RESEARCH: RELMADA THERAPEUTICS - ACHIEVED PROOF-OF-CONCEPT FOR BUTAB
Today, Relmada announced that its pharmacokinetic (PK) study in 30 healthy volunteers for BuTab, its orally ingestible formulation of buprenorphine, was successful and achieved safe and effective blood levels of the drug. As a reminder, currently none of the marketed forms of buprenorphine (which have >$1bn annual sales in the US combined) can be swallowed as they are sublingual, buccal or patch formulations.
Relmada is an emerging pharmaceutical product company focusing on the treatment of pain. It has four key products, LevoCap ER, d-Methadone, BuTab ER and MepiGel that focus on large and lucrative segments of the pain market.
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