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Thursday, April 16, 2020 3:27:11 PM
******THIS IS OLD NEWS THIS IS NOT RECENT******
"BEVERLY HILLS, California, Nov. 21, 2019 /PRNewswire/ -- Full Alliance Group, Inc. (OTCPK: FAGI) is pleased to announce the opening of two new EBO2 treatment offices....Dr. Yu and his staff arrived in Boca Raton, Florida, and then the Cayman Islands earlier this week with two brand-new portable EBO2 units and are currently training Dr. Joseph Purita and his staff."
Seeking FDA Approval
Phase I - Approximate cost per participant $15,700 @ 50 patients = $785,000, timeline is 6 – 9 months
Phase II - Approximate cost per participant $19,300 @ 500 patients = $9.6 million, timeline is 12 – 18 months
Phase III - Approximate cost per participant $26,000 @ 2000 patients = $52 million
******THIS IS OLD NEWS THIS IS NOT RECENT******
So if these machines were set up in the beginning of December, 2019; then we should 4.5 months into Phase I and (based on the 9 month estimate/best case scenario) we could have generated ~$400,000 which seems like it would be good news to post.
Why don't we have any updates on this?
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