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CORAL GABLES, FL / ACCESSWIRE / February 19, 2019 / The success of healthcare stock market is based on whether or not companies in the healthcare industry have the ability to meet the growing demands of consumers. It's no longer a question of simply creating treatment options and offering care services. As a result of the advent of new technologies and product offerings in other industries, healthcare customers have come to expect the same experience from healthcare companies. Considering that medical experts continue to discover advanced diseases that seek to threaten our very survival, it is the responsibility of companies in the healthcare sector to develop nuanced approaches to overcoming these ailments that simultaneously satisfy the customer and their expectations. Premier Health Group (OTC:PHGRF) (CSE:PHGI), Viking Therapeutics Inc (NASDAQ: VKTX), AcelRx Pharmaceuticals Inc (ACRX), and Bio Blast Pharma Ltd (ORPN) represent four healthcare companies operating with the consumer's best interests in mind.
Premier Health Group (OTC:PHGRF) (CSE:PHGI) is a company determined to invest and develop innovative approaches that combine human skill-based expertise with state-of-the-art technologies used throughout the healthcare industry to create the best-possible care solutions for their growing patient network. Although other companies seem to have lost their competitive edge, Premier has a proven track record of not only meeting their customer's demands, but doing so with ingenuity and skill.
Premier Health Group (OTC:PHGRF) (CSE:PHGI) has had a momentous year, replete with strategic acquisitions, the formulation of collaborative partnerships, and technological developments. In light of all these exciting milestones, the Company provided investors with a corporate update at the tail-end of last week.
Earlier this month, the Company announced that they would be formally entering the cannabis clinic space. Premier's recent acquisition of Cloud Practice Inc has provided an underlying platform to help empower and streamline patient-doctor interaction. Whereas other clinics typically struggle with the labor-intensive process of onboarding patients, this will be done automatically with Premier's smart EMR.
In an attempt to focus their expansion efforts into global markets, Premier Health Group (OTC:PHGRF) (CSE:PHGI) recently announced a partnership with a major online healthcare company in China, 360 Health. The parent company, 360 Security Technology, is a leading online service company in China with a market capitalization of over $20 billion USD as of February 14, 2019. This provides an opportunity for our team of health care providers to play an essential role in providing general practitioner training virtually and on-site through medical seminars.
Viking Therapeutics Inc (VKTX), a clinal stage biopharmaceutical company focused on the development of novel therapies for metabolic and endocrine diseases, announced in early January that its chief executive officer, Brian Lian, Ph.D., would deliver a corporate presentation at the 11th Annual Biotech Showcase held later in the month.
The Company's shares enjoyed a pre-market boost of 6.39% on Monday morning, with shares trading at $9.65 per share just before the opening bell.
AcelRx Pharmaceuticals Inc (ACRX), a specialty pharmaceutical company focused on the development and commercialization of innovative therapies, announced just before the end of January that the Company will present on DSUVIA ™ at the 41st Annual Boswick Burn and Wound Symposium later in February.
Paul Glad, Chairman of the Boswick Symposium, said, "we are pleased to welcome this presentation highlighting DSUVIA at this year's Symposium, and are excited to learn more about this novel, non-invasive analgesic. DSUVIA has the potential to provide a significant benefit to hospitalized burn patients suffering from moderate-to-severe pain, especially during wound dressing changes."
Bio Blast Pharma Ltd (ORPN) today announced the sale of its Trehalose clinical development programs to Seelos Therapeutics Inc. Per the details of the agreement, Seelos will pay Bioblast a payment of $3.5 million in two installments; $1.5 million payable upon closing of the sale and the other $2 million will be paid upon the first anniversary of the closing of the sale. Potential additional milestone payments of up to $17.0 million will be made upon completion of the clinical study and approval of a New Drug Application by the Food and Drug Administration, as well as royalties.
Following the announcement, Dalia Megiddo, Interim CEO of Bioblast, stated, "we have great faith in the efficacy of Trehalose for the treatment of several rare diseases. We are confident that Seelos will continue to develop the clinical programs skilfully for the benefit of the patients as well as for Bioblast's and Seelos' shareholders."
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