RE: Real Deal From The Times21 Mar 2021 21:46
Here Goes ........... 'ERECTILE TRIAL PLACEBO LOOKS THE REAL DEAL' - - A junior drugmaker received a boost as it's over-the-
counter erectile dys-function gel took a step towards gaining approval from European regulators.
Shares in Futura Medical rose 28p or 155.6 per cent, to 46p after it's Med3000 treatment was given the thumbs up by EU officials. Analysts at Liberum, Futura's house broker, said that approval was now a formality and the company expects confirmation before the end of May. Med3000 was originally the placebo used in a clinical trial of another of Futura's erectile dysfunction gel, which scientists had been working on for more than a decade. That gel failed in the study, whereas the dummy treatment, Med3000, yielded '' statistically significant and clinically meaningful '' improvements. So Futura believes that Med3000 will be the first topical treatment for erectile dysfunction available in Europe that does not require a prescription. The company said it was in talks with '' a number of parties '' about licensing it's technology. Viagra & Cialis typically take 30 mins to work whereas most patients using Futura's gel felt it's effect within ten minutes.