Electromedical Technologies Enters Phase 2 of Prototype development on WellnessPro POD™
- Efficacy and Product Integration Testing Slated for Completion in Fall 2021
- Upon FDA Clearance the WellnessPro POD™ Device Could Emerge as a Leading Chronic Pain drug-free choice to Opioids for Mass Market Retail Customers.
SCOTTSDALE, Ariz., April 20, 2021 (GLOBE NEWSWIRE) -- Electromedical Technologies, Inc. (OTCQB: EMED ) (the "Company"), a pioneer in the development and manufacturing of bioelectronic devices, including the FDA cleared WellnessPro+Plus® is pleased to announce that the Company has entered into Phase 2 of prototype construction of the new WellnessPro POD™. The second phase of the process features overall efficacy and product integration testing and is slated to be completed in the Fall 2021. Once complete, the device will be used in a 510(k) medical device submission with the U.S. Food & Drug Administration (FDA). WellnessPro POD™ is positioned as a new, smaller, professional grade wearable device for mass market retail customers seeking non-opioid therapy to treat chronic pain, and has the ability to work with the Company’s flagship WellnessPro+Plus® device.
Chronic and acute pain sufferers around the world are actively seeking non-opioid alternatives to treat their conditions, especially during the COVID-19 pandemic, as noted in a recent article titled “COVID-19 and the Opioid Crisis: Dueling Epidemics Illustrate the Need for Future Action” that was written by Lauren Biscaldi and published April 15, 2021 in Neurology Advisor. (https://www.neurologyadvisor.com/topics/pain/two-concurrent-health-emergencies-covid-19-and-the-opioid-crisis/) Leveraging the Company’s drug free, non-invasive, non-toxic method to treat pain, Electromedical Technologies has seen strong sales of its current bioelectronics device and upon FDA clearance, is positioned to increase its market share via its mass market-designed WellnessPro POD™.
Matthew Wolfson, Founder and CEO of Electromedical Technologies , Inc (OTCQB: EMED), noted, “We have the ability to help people live pain free and are pleased that the Company has entered this critical accelerated phase of the development process for our new bioelectronics device that will be geared toward retail mass market. We understand that with COVID-19 and the overall opioid crisis in general, there is a strong need to help patients suffering from chronic and acute pain without causing addiction. We truly believe that our Company’s products, especially a retail version, will position EMED to be the go-to safe, non invasive drug free choice to opioids and allow us to enter into a whole new market. Bioelectronics is the future of medicine and this is why major companies like Google, GSK and other top pharmaceutical companies are investing heavily into this space!”
About Electromedical Technologies
Headquartered in Scottsdale, Arizona, Electromedical Technologies, Inc. is a commercial stage, FDA cleared, bioelectronic medical device manufacturing company initially focused on the treatment of various chronic, acute, intractable, and post-operative pain conditions. Through University collaboration agreements, the Company is working to develop a comprehensive research program in defining the effects of electro-modulation on the human body. By studying the impacts of electrical fields in cell signaling and immune responses, the Company’s goal is to reduce pain and improve overall human wellbeing. The Company’s current FDA cleared product indications are for chronic acute post traumatic and post-operative, intractable pain relief. For more information, please visit www.electromedtech.com.
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Electromedical Technologies, Inc.