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Saturday, February 03, 2018 12:47:11 PM
Nutra Pharma Partners with EuroAmerican IP to Distribute Nyloxin® for Sale to Government Agencies
https://globenewswire.com/news-release/2018/01/18/1296478/0/en/Nutra-Pharma-Partners-with-EuroAmerican-IP-to-Distribute-Nyloxin-for-Sale-to-Government-Agencies.html
Below is one of RSI's post in December 2017. These numbers are dated meaning its IMHO they are much much higher today.
I can tell you these numbers represent billions of dollars in opioid and NSAIDs. I will let you folks do the math. The reality is that we are reflecting on a small segment of the worldwide impact here. That's exactly why the White House study stated in 2015 that over 500 billion in costs were associated with the opioid crisis.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137096493
Nutra Pharma Corporation (OTCQB: NPHC), a biotechnology company marketing Nyloxin® and Pet Pain-Away™ in the over-the-counter (OTC) pain management market, announced today the appointment of Maj. Gen. Kenneth Dowd, US Army (Ret.) as Strategic Advisor for the Company's newly created 'Military & Veterans' business segment. General Dowd will support Nutra Pharma's efforts in presenting the Company's non-opiate, non-narcotic over-the-counter (OTC) pain solution, Nyloxin® to the US Military and the Veteran's Administration.
"We have long known that opiate abuse and NSAID overuse are twin medication problems with substantial impact on our military and veterans, especially those suffering combat-related injuries," commented Rik J Deitsch, CEO of Nutra Pharma. "Chronic pain and use of opioids carry the risk of functional impairment of our American fighting force. Nutra Pharma's Nyloxin will help military members and veterans by offering an effective natural alternative to the treatment of chronic pain," he continued. "Major General Dowd has witnessed the negative effect of opioid habituation in both our active duty military and in our veterans; and we are pleased to have someone with his history of advocacy assist our military efforts," he concluded.
Military members received over 6.5 Million opioid prescriptions in 2012. Government research shows that 1-in-7 active duty Army service members are on prescription opioids, and that 25% of them meet the clinical criteria for substance dependence (Army, 2012). Prescriptions for pain relief written by military physicians quadrupled between 2001 and 2009. For veterans, in the eleven years from 2001 to 2012, VA prescriptions for the opioid hydrocodone increased by 4,100% percent. The importance of opioid misuse and abuse continues to be covered extensively in both the public and the military media.
But prescription drugs are not the only issue impacting our military and veterans. It is reported that some 7,600 Americans die from use of non-steroidal-anti-inflammatory drugs (NSAIDs) and another 78,000 are hospitalized. Using NSAIDs such as Ibuprofen in high doses for chronic pain leads to potential for critical health risks, including stomach problems, internal bleeding and even kidney failure. There are significantly greater health risks with NSAIDs when abuse of this drug is combined with alcohol intake.
$NPHC$ Short Term Target .02-.05!!!
ALL POSTS are just my opinion! Never BUY/SELL stock based on only them! Perform your own DD and make your own decision!
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