TMCnet - World's Largest Communications and Technology Community



Premier Biomedical, Inc. (BIEI) Announces Important Patent Award for a Potential Multi-Billion Dollar Drug for the Treatment of Fibromyalgia and Neuralgia
[June 30, 2014]

Premier Biomedical, Inc. (BIEI) Announces Important Patent Award for a Potential Multi-Billion Dollar Drug for the Treatment of Fibromyalgia and Neuralgia

EL PASO, Texas --(Business Wire)--

Premier Biomedical, Inc. (OTCBB: "BIEI") a biopharmaceutical company focused on developing and commercializing innovative immune system manipulation therapies for breast cancer, Alzheimer's disease, multiple sclerosis (MS), traumatic brain injury (TBI), and others today announced that the United States Patent Office approved a patent on their proprietary medication "Feldetrex ™", which is designed to relieve the symptoms of neuropathic pain and fibromyalgia. The William Beaumont Army Medical Center Principal Investigator is drafting a protocol to conduct a double-blind, placebo-controlled comparison of this medication and the leading FDA-approved regimen for these concerns and will be submitting it for IRB approval in the near future.

President and CEO, William A. Hartman, stated, "We are very excited that the United States Patnt Office granted our request for a patent on Feldetrex ™. We are very confident in our ability to perform well in the upcoming double-blind clinical study because of the favorable responses we have received to date from the limited number of patients that have taken the medication thus far. We are applying for FDA approval immediately and are also confident that our application will be approved, since Feldetrex ™ consists only of a skillful and proprietary combination of FDA-approved ingredients. The market for such a medication worldwide runs into many billions of dollars. We believe that our medication will also fare very well versus competition due to its projected lack of serious side effects. The market should see results very quickly as the double-blind study is tentatively scheduled to be concluded later this calendar year."

Safe Harbor Notice

Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). Premier Biomedical, Inc. cautions that statements, and assumptions made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates made by management. Actual results could differ materially from current projections or implied results. Premier Biomedical, Inc. undertakes no obligation to revise these statements following the date of this news release.

[ Back To's Homepage ]

Technology Marketing Corporation

35 Nutmeg Drive Suite 340, Trumbull, Connecticut 06611 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments:
Comments about this site:


© 2018 Technology Marketing Corporation. All rights reserved | Privacy Policy