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SOURCE BrokerBank Securities, Inc.
NEW YORK, July 14, 2014 /PRNewswire/ -- Nuvilex, Inc. (OTCQB: NVLX), a clinical-stage biopharmaceutical competitor is focused on developing and preparing to commercialize treatments for cancer and diabetes based upon a proprietary cellulose-based live-cell encapsulation technology, called Cell-in-a-Box®. This unique technology is intended for use as a platform upon which treatments for several types of cancer, including advanced, inoperable pancreatic cancer, and diabetes are being built.
Researchers have estimated that the value of the pancreatic cancer market in the US and 5EU (France, Germany, Italy, Spain, and the UK) in 2012 was $529m. This market is defined as sales of branded drugs and major generic regimens commonly prescribed for pancreatic cancer patients across the six major markets (6MM). Just over half of these sales, $275m (52%), were generated in the US, while sales in the 5EU were estimated at $254m (48%).
The recent announcement of a new financing arrangement combined with the anticipated commencement of additional clinical trials could provide news and fundamental catalysts in the current speculative environment for the sector and the Company.
An analyst report which details key attributes of the technology, an overview of the company, recent developments and an analyst potentials and risks summary can be viewed in its entirety by using the link below. There is no cost obligation required to view this report:
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BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.
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