HENDERSON, NV / ACCESSWIRE / November 1, 2018 / With so many opportunities at excellent entry points we decided highlighting one of the more interesting companies on the market, Endonovo Therapeutics, Inc. (ENDV). ENDV has a non-invasive pain reduction treatment, SofPulse, could render troublesome opioid prescriptions irrelevant; which continues to be one of our country’s largest problems.
There are several other diseases the Sofpulse might help with including counteracting the effects of nonalcoholic steatohepatitis (NASH). In a pre-clinical study, one to 2 weeks of treatment with Sofpulse®, the non-invasive proprietary device of Endonovo Therapeutics, appeared to counteract several of the disease signs associated with NASH-associated liver damage.
Male mice, 8 weeks old were placed on an MCD diet (methionine-choline deficient diet) for either 7 or 14 days. Feeding mice a diet deficient in methionine and choline is a commonly used mouse model to study the inflammation and hepatic ballooning associated with NASH. To determine if Endonovo’s non-invasive medical device could ameliorate the manifestations of a NASH induced diet, mice were exposed to either a proprietary electroceutical therapy system or a sham system during the duration of the MCD diet.
The Hepatocyte ballooning: the hallmark of NASH was observed in all groups, however the animals treated with the medical device for 14 days showed a remarkable lessening of hepatic ballooning – smaller and less ballooning and inflammation.
ENDV has made several strides this year warranting your attention.
Companies to put on your radar include: Endonovo Therapeutics, Inc. (ENDV), Terra Tech Corp. (TRTC), Verastem, Inc. (VSTM), Neptune Wellness Solutions, Inc. (NEPT), and MedMen Enterprises, Inc. (MMNFF)
Endonovo Therapeutics, Inc. (ENDV)
Market Cap: $15.84M Share Price: $0.042
Endonovo Therapeutics, Inc. (ENDV), a commercial-stage developer of Electroceuticalâ„¢ Therapies, announced a distribution agreement with Magniant, LLC for the distribution of Sofpulse, its non-invasive Electroceuticalâ„¢ Therapy for post-operative pain relief and reduction of swelling. The agreement with Magniant includes sales, marketing and distribution targeting the VA, DOD, Indian Health Services, Long Term Care Institutions, Pain Clinics, Wound Clinics and Private Practices among physicians.
Alan Collier, Endonovo Chief Executive Officer, stated, "We are thrilled to partner with Magniant, an established firm with significant health industry experience, in depth knowledge of product launches and, more importantly, relationships with healthcare professionals and facilities throughout the United States. In addition to a professional, accountable team of commission-based representatives, Magniant delivers meaningful senior leadership in the areas of Supply Chain, FP&A, Operations and Logistics, Marketing, and Clinical Business Development. I welcome the opportunity of working with their team and expanding our Sofpulse device on a national level."
Terra Tech Corp. (TRTC)
Market Cap: $127.73M Share Price: $1.64
Terra Tech Corp. has completed its previously announced sale of 100% of the assets of its cannabis dispensary located at 1921 Western Avenue in Las Vegas, to Exhale Brands Nevada, for a total consideration of $6,250,000. The Company plans to use the proceeds from the sale to further develop its retail dispensary capabilities in new locations that have better proximity to major tourist attractions in Las Vegas.
Verastem, Inc. (VSTM)
Market Cap: $437.50M Share Price: $5.94
Verastem, Inc., (VSTM) just announced the pricing of an offering of 5.00% Convertible Senior Notes due 2048 (the Convertible Notes) through a registered direct offering. The aggregate principal amount of Convertible Notes to be sold in the offering is $150 million. The Convertible Notes will be unsecured, will bear interest at a rate of 5.00% per annum, paid semi-annually in arrears, and will mature on November 1, 2048, unless earlier converted, redeemed or repurchased in accordance with their terms prior to such date.
Neptune Wellness Solutions, Inc. (NEPT)
Market Cap: $361.34M Share Price: $4.54
NEPT recently appointed Ms. Hélène F. Fortin to its Board of Directors. Hélène F. Fortin FCPA, FCA, ICD.D-IAS.A has been practicing public accounting for more than 30 years. A member of CPA Québec, she lectured in Accounting and Auditing during more than 20 years at many universities in both the undergraduate and graduate levels.
MedMen Enterprises, Inc. (MMNFF)
Market Cap: $330.94M Share Price: $4.67
MedMen Enterprises, Inc. (MMNFF) announced that it has signed a definitive agreement to acquire Viktorya’s Medical Supplies LLC d/b/a Buddy’s Cannabis; a microbusiness license entitling the Company to retail, distribute, cultivate and manufacture cannabis onsite in San Jose, California. This will be MedMen’s second retail store in Northern California.
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