BioStem Technologies, Inc. (OTC Pink: BSEM) Acquires Their First FDA Approved Branded Generic Drug (ANDA) - Granisol(R) Oral...
August 22 2016 - 4:33PM
Marketwired
BioStem Technologies, Inc. (OTC Pink: BSEM) Acquires Their First
FDA Approved Branded Generic Drug (ANDA) - Granisol(R) Oral
Solution
OAKLAND PARK, FL-(Marketwired - Aug 22, 2016) - BioStem
Technologies, Inc. (OTC PINK: BSEM) (the "Company" or "BioStem"),
announced today that it has acquired its first FDA approved branded
generic drug (ANDA), Granisol Oral Solution ("Granisol"), an
effective medicine for preventing nausea and vomiting associated
with cancer chemotherapy and radiation treatments.
Henry Van Vurst, CEO of BioStem Technologies, commented, "As a
surviving cancer patient myself, I know first-hand the
uncomfortable feelings of nausea while undergoing chemotherapy. We
are very excited to announce our acquisition of Granisol - a drug
that relieves a major pain point for patients during this time. We
look forward to marketing it effectively and profitably, and
helping cancer patients feel better while fighting a very difficult
battle."
Granisol Oral Solution is proven to be a highly effective
anti-nauseant during initial and repeat courses of emetogenic
cancer therapy, including high-dose cisplatin, total body
irradiation, and fractionated abdominal radiation. Granisol
contains granisetron hydrochloride, an antiemetic (anti-nauseant)
agent. The recommended adult dosage is 2 mg once daily, or 1 mg
twice daily. In the 2 mg once-daily regimen, 10 mL of Granisol Oral
Solution (2 teaspoonsful, equivalent to 2 mg of granisetron) are
given up to 1 hour before chemotherapy. In the 1 mg twice-daily
regimen, the first teaspoonful (5 mL) of Granisol Oral Solution is
given up to 1 hour before chemotherapy, and the second teaspoonful
(5 mL) of Granisol Oral Solution, 12 hours after the first. Either
regimen is administered only on the day(s) chemotherapy is
given.
About BioStem Technologies, Inc. (OTC PINK: BSEM): BioStem
Technologies (OTC PINK: BSEM) is in the business of regenerative
medicine and antiaging strategies throughout the United States,
Europe, and Mexico. The Company's mission is to conquer the effects
of biological aging (and related acute disease), and its strategy
is to discover, develop, produce, and deliver the most effective
stem cell and wellness products in the world. The Company is
comprised of a diverse group of scientists, physicians, and
industry visionaries who are creating innovative products for
helping customers live their best, feel their best, and be their
best. The company operates four strategic business units - BioStem
Cell Therapy, BioStem Wellness, BioStem Pharmaceuticals, and
BioStem International - providing a diversified line of products
and services that include: clinical stem cell therapy, stem cell
R&D, state-of-the-art laboratory services, pharmaceuticals,
nutraceuticals, cosmeceuticals, API Repackaging, and medical
tourism.
Forward-Looking Statements: Except for statements of historical
fact, the matters discussed in this press release are forward
looking and made pursuant to the Safe Harbor provisions of the
Private Securities Litigation Reform Act of 1995. "Forward-looking
statements" describe future expectations, plans, results, or
strategies and are generally preceded by words such as "future,"
"plan" or "planned," "expects," believe" or "projected." These
forward-looking statements reflect numerous assumptions and involve
a variety of risks and uncertainties, many of which are beyond the
company's control that may cause actual results to differ
materially from stated expectations. These risk factors include,
among others, limited operating history, difficulty in developing,
exploiting and protecting proprietary technologies, intense
competition and additional risks factors as discussed in reports
filed by the company with OTC Markets.
Contact Information
- BioStem Technologies, Inc.: Phone: 954-380-8342 Website:
http://www.biostemtech.com Email: info@biostemtech.com Twitter:
@Biostemtech Facebook: BioStem Technologies Investor Relations:
Howard Gostfrand info@amcapventures.com 305.918.7000
BioStem Technologies (PK) (USOTC:BSEM)
Historical Stock Chart
From Aug 2024 to Sep 2024
BioStem Technologies (PK) (USOTC:BSEM)
Historical Stock Chart
From Sep 2023 to Sep 2024