CAMBRIDGE, Mass.--(BUSINESS WIRE)--PixarBio Corporation, (OTCQX: PXRB) developers of NeuroReleaseTM, a novel morphine replacement, non-opiate/opioid, non-addictive pain treatment with FDA approval expected in late 2018, announced today that CEO Frank Reynolds will be presenting at the 9th annual LD Micro Main Event in Bel Air, California on Tuesday, December 6, 2016
Event: |
LD Micro Main Event |
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Location: |
Luxe Sunset Boulevard Hotel |
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11461 Sunset Blvd |
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Los Angeles, CA 90049 |
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Time: |
8:30 AM PST / 11:30 AM EST. |
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About LD Micro
The LD Micro Main Event is one of the largest
independent conferences for small/microcap companies and will feature
240 presenting companies. LD Micro Event was founded in 2006 with the
sole purpose of being an independent resource in the microcap space.
What started out as a newsletter highlighting unique companies has
transformed into an event platform hosting several influential
conferences annually (Invitational, Summit, and Main Event). In 2015,
LDM launched the first pure microcap index (the LDMi) to exclusively
provide intraday information on the entire sector. LD will continue to
provide valuable tools for the benefit of everyone in the small and
microcap universe.
The NeuroReleaseTM Platform: Non-Addictive
and Non-opiate Treatment of Pain
NeuroReleaseTM is a
morphine replacement, and non-addictive pain platform for the
surgical/hospital setting, for the battlefield, or for acute and chronic
pain. First product FDA approval for the platform will be for a 14-day
post-surgical pain treatment and it is expected in late 2018.
Major Benefits of NeuroReleaseTM
- Effects only sensory signals
- No effect on locomotion nerve fibers, so patients can enter physical therapy quickly
- Maintains two-point discriminate touch so patients can function
- No effect on proprioception so no effect on a person feeling of well-being
Therefore, patients will maintain two-point discriminate touch, control of their locomotion nerve fibers so they control voluntary movement to enter rehabilitation quickly with a non-addictive morphine replacement. PixarBio’s NeuroReleaseTM pain platform also includes 4-8 hour, 3-day, 7-day, 14-day and 90-Day pain treatments all have expected FDA approvals in 2020. NeuroReleaseTM is biodegradable, and it's non-toxic so NeuroReleaseTM can be re-injected to extend treatment timelines.
PixarBio Corporation was awarded the Boston Business Journal's "2016 Best Places to Work". The award recognizes PixarBio as one of the region's best firms, offering the greatest professional opportunities and work environments to innovate.
About PixarBio Corporation
PixarBio is a public company
traded on the OTC markets under the stock symbol PXRB. PixarBio is a
specialty pharmaceutical/biotechnology company focused on pre-clinical
and clinical commercial development of novel neurological drug delivery
systems for post-operative pain. PixarBio researches and develops
targeted delivery systems for drugs, devices, or biologics to treat
pain, epilepsy, Parkinson’s disease, and spinal cord injury. Our lead
product platform, NeuroRelease™, has achieved sustained therapeutic
release of non-opiate drugs for post-operative, acute and chronic pain
in pre-clinical models. For more information, visit www.pixarbio.com.
Safe Harbor Statement
This announcement includes
“forward-looking statements” within the meaning of the safe harbor
provisions of the United States Private Securities Litigation Reform Act
of 1995. These statements are based upon the current beliefs and
expectations of PixarBio’s management and are subject to significant
risks and uncertainties. If underlying assumptions prove inaccurate or
risks or uncertainties materialize, actual results may differ materially
from those set forth in the forward-looking statements.
Risks and uncertainties include but are not limited to, general industry conditions and competition; general economic factors, including interest rate and currency exchange rate fluctuations; the impact of Biotech and medical device industry regulation and health care legislation in the United States and internationally; global trends on cost containment; technological advances, new products and patents attained by competitors; challenges inherent in new product development, including obtaining regulatory approval; PixarBio’s ability to accurately predict future market conditions; manufacturing difficulties or delays; financial instability of international economies and sovereign risk; dependence on the effectiveness of PixarBio’s patents and other protections for innovative products; and the exposure to litigation, including patent litigation, and/or regulatory actions.
PixarBio Corp undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Additional factors that could cause results to differ materially from those described in the forward-looking statements can be obtained through PixarBio’s corporate headquarters at 200 Boston Ave, Suite 1875 in Medford, MA 02155.