Saturday, January 07, 2017 5:05:04 PM
Psoriasis – $5 billion in USA alone! Estimated to over $13.3 billion by 2024
(Source for USA: https://decisionresourcesgroup.com/drg-blog/biologics-continue-flare-psoriasis-market-indicating-opportunities-larger-dermatology-space/)
(Source for Global: https://healthcare.globaldata.com/media-center/press-releases/pharmaceuticals/psoriasis-market-will-more-than-double-to-133-billion-by-2024-as-drugs-greatly-improve)
OWCP completed development of a Topical Cream infused with Cannabis oil extracts to be studied for Psoriasis skin disease. OWCP has started the final phase of Safety testing protocol was designed to corroborate that the cream is safe for application to the skin. OWCP is also preparing to initiate in parallel Efficacy Testing using MatTek Corporation patented EpiDerm™ system, an in-vitro testing technology for dermal toxicologists. This protocol will seek to prove the effectiveness of the formulation in treating psoriasis on human skin tissue.
OWCP NEWS ON OCTOBER 11TH, 2016! Product to ship Q2 of 2017! (Source: http://www.otcmarkets.com/stock/OWCP/news/)
AbbVie’s “Humira” exceeds $10B already, but it treats more than just Psoriasis.
AstraZeneca auctioned off their ‘troubled psoriasis drug’ for $445M in 2015.
A measly 1% of this annual market share could be $80M – $100M+.
Multiple Myeloma – $7.3 billion in 2014, projected to reach $9 billion by 2021 (Source: http://www.fiercepharma.com/marketing/global-multiple-myeloma-treatment-market-value-to-approach-9-billion-by-2021-says-gbi-0)
In preliminary studies, OWCP’s in-vitro testing indicated that specific formulations of CBD and THC decreased survival of multiple myeloma cells in a concentration-dependent manner, and resulted in 100% malignant cell death in 60% of cases. This formulation will now be tested in a pre-clinical, IRB approved protocol on mice in an effort to duplicate those results.
Jeffrey Friedland touches on the preliminary success of this product in his interview with Cannabis Financial Network.
A measly 1% of this annual market share could be $80M – $90M
Post-Traumatic Stress Disorder (PTSD) – Annual cost to society of anxiety disorders is estimated to be significantly over $42.3 billion (Source: http://www.ptsdunited.org/ptsd-statistics-2/)
An estimated 8% of Americans – 24.4 million people – have PTSD at any given time. That is equal to the total population of Texas. At present, OWCP is negotiating with two other Israeli leading medical centers for the collaboration in the research of migraine and PTSD (post-traumatic stress disorder). The Company expects these agreements to be finalized during the fourth quarter of 2015.
A tiny, measly 1% of this annual market share could easily exceed $400M!
Fibromyalgia – $1.8 billion in 2013, projected to reach $1.9 billion by 2023 (Source: https://healthcare.globaldata.com/media-center/press-releases/pharmaceuticals/fibromyalgia-treatment-market-value-will-crawl-to-19-billion-by-2023-says-globaldata)
So, as I’ve pointed out a handful of Cannabis/Marijuana companies with billions of outstanding shares generating with little or no revenue and annual losses who are still being financed with (Toxic) Convertible Notes achieving a Market Value of $115M all the way to $424M for a company with $2.1M revenue, but still with billions of shares… Why on God’s green Earth would OWCP not climb to dollars per share?
OWCP could be in the same conversation at GWPH by the end of 2017. NO! I’m not necessarily saying they’ll climb to a $3B market value in 12 months. But, gradually, they could keep [color=red]climbing towards that value beyond 2017.
ownthefloat.com
$OWCP
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM