Revenue from Pain-brake? Not any time soon. They haven't even filed with the FDA yet. It's just a pill with precise scoring so you can "brake" it into accurate pieces. Really?
10 cents
LOS ANGELES, CA / ACCESSWIRE / September 11, 2017 / GT Biopharma Inc. announced today that it has made the required payment to license and develop PainBrake, a non-opioid pain medication, to Accu-Break Pharmaceuticals Inc.
The payment allows GT Biopharma (OTCQB: OXISD) to begin the clinical development process and the filing of a New Drug Application, the final step for a commercial license from the Food and Drug Administration. The company expects to submit an NDA for PainBrake within 18 months.
PainBrake will use a patented technology - and unique shape - that allows tablets to be easily broken into smaller, precise doses, for maximum dose flexibility and accuracy.
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