- Direct health care treatment for chronic health conditions totaled $1.1 trillion in 2016
- Total economic impact of $3.7 trillion in health care costs for chronic diseases in U.S. equivalent to nearly 20 percent of the U.S. gross domestic product
- Medical research into CBD-based therapies to treat epilepsy and other neuropsychiatric disorders holds great promise for affected individuals
- Development of CBD-based drug delivery platform that’s able to cross blood brain barrier via nasal route
Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) is developing innovative options for preventive and curative therapies using some of nature’s most compelling and creative pathways. Consider, for instance, PreveCeutical’s approach to delivering the healing properties of cannabidiol (“CBD”) in an innovative formula created specifically for administration via the nasal pathways. The company’s Sol-gel delivery platform is expected to be the first sustained-release, CBD-based nose-to-brain delivery system targeting a range of indications including epileptic seizures, inflammation, pain and other neurological disorders, an article discussing the research states (http://nnw.fm/6JA8f).
Chronic diseases and recurring health care issues are taking an increasingly bigger piece of the economic pie and disrupting the lives of many millions of people. U.S. health care costs for chronic diseases totaled $1.1 trillion in 2016 and balloon to…
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