Innovus Pharma''s (INNV) RecalMax an Effective Supplement in the $11 Billion Neurodegenerative Market -- SECFilings.com
(firmenpresse) - REDONDO BEACH, CA -- (Marketwired) -- 09/13/16 -- SECFilings.com, a leading financial news and information portal offering free real time public company filing alerts, announces an article examining the potential of the newly-launched brain health supplement RecalMax™.
Innovus Pharma''s (OTCQB: INNV) RecalMax™ was tested in a four-month human clinical trial on 72 patients with low memory and learning. After taking one capsule twice a day for 16 weeks, patients reported a 115% increase in the recall of words and names, a 49.5% increase in maintaining thoughts when distracted, and a 35% increase in processing speed. The supplement was also well-tolerated with no serious adverse events reported.
Parkinson''s disease and Alzheimer''s disease are the two most prevalent medical conditions falling into the neurodegenerative market, estimated in the neighborhood of $11 billion annually. Both are characterized by neurological problems affecting memory, learning, and nerve function -- eventually leading to premature death.
Innovus Pharma estimates that the immediate market for a product like RecalMax™ could be worth around $3 billion, since it helps treat some of the major endpoints associated with neurodegenerative diseases. Management believes that it can capture enough of the market to generate about $5 million in annual revenue by deploying the treatment across its well-established Beyond Human Platform and online marketing channels throughout the U.S. and other regions of the world.
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Datum: 13.09.2016 - 04:00 Uhr
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