BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

Neuroscience Therapy Corporation To Benefit From Increasing Non-Medical Therapy Revenues


4/4/2006 11:37:55 AM

LAS VEGAS, NV, April 4 /PRNewswire-FirstCall/ - Neuroscience Therapy Corp. announced today that Americans spend more than $24 billion on non-medicinal therapies. The Company believes this should increase its future revenues through its leading product: P-Stim(TM).

The amount of money spent on non-medicinal therapies, according to the American Pain Foundation, is estimated to be growing more than 15 percent each year. Neuroscience Therapy intends to benefit from these growing revenues with its leading product: P-Stim, a device that utilizes traditional acupuncture techniques as well as electro stimulation.

It is estimated that 8.2 million adults try acupuncture each year as it becomes increasingly accepted in Western society.

Neuroscience President Dr. Randolph A. Turpin said, "We feel that this trend of acceptance will be increased at an accelerated rate with the launch of P-Stim."

The Company stated that it will initially target M.D. Acupuncturists to market P-Stim, an electro stimulation device that has been proven in Europe to treat many types of conditions without any known side effects.

About Neuroscience Therapy Corporation:

Neuroscience Therapy Corporation's operations are located in Southern California. It holds the rights to a new, safe and innovative technology to relieve pain. Its product portfolio consists of two complimentary products: the P-Stim(TM) Electro Stimulation Device and the Multi-Point(TM) Stylus. These products have no known side effects, unlike many pharmaceutical pain relievers. The neurostimulation market is in its infancy and could reach several billion dollars in sales. The Company is working toward being a leader in this market. For more information about Neuroscience Therapy Corp., visit: www.neurosciencetherapy.com.

Legal Notice Regarding Forward Looking Statements

The statements in this press release that relate to the Company's expectations with regard to the future impact on the Company's results are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

Contact: Ray Johnson Investor Relations 1-866-639-3900

Neuroscience Therapy Corporation

CONTACT: Ray Johnson, Investor Relations, 1-866-639-3900



Read at BioSpace.com

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES