Therma Bright Inc. (TSXV:THRM), (“Therma Bright” or the “Company”), a progressive medical device technology company, today announces that it has received the prototype of its pain relief device and provides an update on its TherOZap technology.
Therma Bright in October introduced the first design of its pain relief product for general, arthritic or orthopedic pain. Rapidly advancing its development, the Company has received the prototype and has identified a pain research group on which it will initiate efficacy tests.
The device incorporates Therma Bright’s thermal therapy technology, new add-on technology, and the use of pain relief formulations with medicinal cannabis and non-medicinal formulations in the form of creams, gels or salves. From here, the Company intends to design a testing protocol with the pain research group. All research and administration of any medicinal cannabis will be dealt with through authorized personnel and licensed research facilities.
Therma Bright also reports that final prototypes of its TherOZap technology have been sent to a top research laboratory and that testing of the technology against the Zika virus is underway. Testing is expected to last several months.
“We are excited to announce these updates and will report the results of both technologies as they become available,” states Therma Bright CEO Rob Fia. “As we diligently work to advance our technologies, our goal remains on strengthening our portfolio and pursuing new applications and opportunities.”
About Therma Bright Inc.
Therma Bright (TSXV: THRM) is a progressive medical device technology company focused on providing consumers with quality medical devices that address their dermatological needs. Clear and healthy skin for all is at the core of the Company’s philosophy as is the belief that such outcomes should not be a privilege for only those who can afford costly procedures and treatments. The Company’s breakthrough proprietary technology delivers effective, non-invasive and pain free skin care.
Therma Bright received a Class II medical device status from the FDA for its platform technology that is indicated for the relief of the pain, itch, and inflammation from over 20,000 different insect stings and bites, (including bees, wasps, hornets, mosquitoes, black flies and jellyfish). The Company received approval for the above claims from FDA (United States) in 1997.
For further information please contact:
Therma Bright Inc.
Rob Fia, CEO
FORWARD LOOKING STATEMENTS
Certain statements in this news release constitute “forward-looking” statements. These statements relate to future events or the Company’s future performance and include development and testing of the Company’s pain relief device for pain relief and theTherOZap technology being tested against the Zika virus, all as described in the news release. All such statements involve substantial known and unknown risks, uncertainties and other factors which may cause the actual results to vary from those expressed or implied by such forward-looking statements. In addition to other risks, the Company may not complete all or any of the transactions as described in this news on the timelines described. Forward-looking statements involve significant risks and uncertainties, they should not be read as guarantees of future performance or results, and they will not necessarily be accurate indications of whether or not such results will be achieved. Actual results could differ materially from those anticipated due to a number of factors and risks. Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
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