Petros pharmaceuticals strategically positioned to benefit as technology leader from newly approved fda otc final rules
Proprietary technology developing quantum computing and applying ai to better enable rx to otc switch candidates across multiple indications new york, ny / accesswire / january 7, 2025 / petros pharmaceuticals, inc. (nasdaq:ptpi) ("petros" or the "company"), a company focused on expanding consumer access to medication through over-the-counter ("otc") drug development programs, today announces its conducive position in connection with the recently issued final rule, "nonprescription drug product with an additional condition for nonprescription use" ("acnu") by the united states food and drug administration (the "fda") for companies seeking rx-to-otc switch for pharmaceutical products. the company's recently announced shift in its primary business strategy was initially developed under guidance of earlier iterations of the rule, and the company believes the final rule will help facilitate the development of its software as a medical device (samd) concept, which is designed to serve the emerging self-care market.
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