Drug
SP-26
Ketamine Implant for Fibromyalgia
Drug:
Subcutaneous time-released ketamine-based injectable dissolvable implant.
- Preclinical research.
Unmet need:
-
Only FDA-approved drugs for fibromyalgia are 2 antidepressants and 1 anti-seizure medicine.
-
Chronic pain treatment market projected growth to $106.3B in 2028 at 7.9% CAGR.
-
Global fibromyalgia treatment market projected growth to $4.1B in 2032 at 4.3% CAGR.
Medical needs:
- Ketamine-based therapeutic implant targeting fibromyalgia.
- Self-administered treatment.
- Safely regulated dosage and time release.
-
Competitive advantages:
- Innovative non-opioid chronic pain therapeutic.
- Implant method designed to safely regulate dosage and time release.
- Attractive alternative to intravenous delivery