In a recent update on Q BioMed, Inc. (OTCQB: QBIO), SeeThruEquity noted, among other topics, that the biomedical acceleration and development company’s FDA-approved radiopharmaceutical agent, SR89 (Strontium Chloride), is ahead of schedule and “revenue ready.” Q BioMed has initiated production of SR89 for the treatment of metastatic bone cancer and expects a commercial launch later this year. The company previously estimated it could generate more than $1 million in sales in its first year of commercialization, reaching more than $10 million in sales within 3-5 years. The SeeThruEquity analyst notes that SR89 has the potential for additional indications and a larger therapeutic market, which could result in “substantially greater revenues.
For more information, visit www.qbiomed.com
About Q BioMed Inc.
Q BioMed Inc. “Q” is a biomedical acceleration and development company. The company is focused on licensing and acquiring undervalued biomedical assets in the healthcare sector. Q is dedicated to be providing these target assets; strategic resources, developmental support, and expansion capital to ensure they meet their developmental potential, enabling them to provide products to patients in need.
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