SOURCE: Boston Therapeutics, Inc
NEW YORK, NY--(Marketwire - Sep 7, 2012) - Taglich Brothers, Inc. announces it initiated coverage of Boston Therapeutics, Inc.
Boston Therapeutics, Inc. (OTCBB: BTHE), headquartered in Manchester, New Hampshire, is a development stage specialty pharmaceutical company that brings proprietary complex carbohydrate chemistry to bear on the commercialization of prescription therapies and over-the-counter dietary supplements that treat Type 2 diabetes.
BTHE's two-pronged strategy aims to initially secure a medium-term revenue stream by distribution of SUGARDOWN, then commercialize it to leading prescription drug pipeline products. SUGARDOWN, an over-the-counter chewable dietary supplement developed to block the release of glucose into the bloodstream after meals, is currently BTHE's only commercialized product. It is sold in the US on the over-the-counter market via the Internet. SUGARDOWN is also sold by distribution partners in China and Italy.
PAZ320, a chewable prescription drug currently in a phase II trial, is an adjunctive treatment that also blocks the release of glucose into the bloodstream after meals. IPOXYN is an injectable prescription drug in preclinical development that was developed as a universal carrier of oxygen; it is being evaluated for the relief of lower-limb ischemia in diabetics. A veterinary version, Oxyfex™, is also in development. Initiation of human studies on IPOXYN is targeted for 2013. Clinical studies of all of BTHE's products are ongoing.
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