DBS Expects Slight Dip in 2026 Net Profit After Q4 Earnings Miss on Lower Interest Margins 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Innovent Biologics Shares Rally on New Eli Lilly Oncology and Immunology Deal 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Samsung Electronics Shares Jump on HBM4 Mass Production Report 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision 
Treasury Wine Estates Shares Surge After U.S. Dispute Settlement and Earnings Upgrade 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible 
Trump Administration Plans Chip Tariff Exemptions for Big Tech Amid AI Data Center Push 
Amazon Explores AI Content Marketplace With Media Publishers 
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
FREDERICK, MD, March 19, 2018 -- BioElectronics Corporation (OTC PINK: BIEL), www.bielcorp.com is pleased to announce the commencement of a clinical study investigating the efficacy of its RecoveryRx® device for postoperative pain management and recovery following total knee arthroplasty surgery. Currently there are 700,000 total knee replacement surgeries in the US alone and are projected to grow 673% to 3.5 million procedures per year by 2030.
Knee Arthroplasty (knee replacement) generally occurs due to degenerative osteoarthritis in the knee joint. While the procedure is common, managing post-operative and long-term pain can be challenging owing to hypersensitivity of nerves in the knee. This nerve hypersensitivity is known as central sensitization and develops over many years due to the underlying osteoarthritis. Disrupting abnormal pain signaling in the nerves is key to reducing the hypersensitivity and providing lasting pain relief. In case studies, RecoveryRx® has shown to be of great clinical value with regards to postoperative pain management and improving long term pain management in subjects undergoing total knee replacement.
The clinical study will involve 40 subjects who are already scheduled for a knee replacement. Each subject will be randomly assigned to receive an active device or placebo device. Enrollment into the study has been initiated, and the study is expected to be completed in December 2018. Full details can be viewed on the clinicaltrials.gov website (NCT03395444). The study is being conducted at the New Mazloum Hospital, Tripoli, Lebanon. Dr. Omar Tabbouche, our distributor in Lebanon, is managing the study and is aggressively introducing BioElectronics’ innovative medical devices into the Lebanese healthcare marketplace.
“RecoveryRx technology has already been shown to reduce knee osteoarthritis pain, so we are confident that this study will demonstrate the clinical efficacy of the device. Additionally, this study will help us gain regulatory clearance and allow for marketing as the standard of care following joint replacement surgeries,” said Dr. Ian Rawe, Ph.D., Director of clinical Research at BioElectronics.
About BioElectronics Corporation
BioElectronics Corporation is a leader in non-invasive electroceuticals and the maker of an industry leading family of disposable, drug-free, pain therapy devices: ActiPatch® Therapy, over-the-counter treatment for back pain and other musculoskeletal complaints; RecoveryRx® Devices for chronic and post-operative wound care; Allay® Menstrual Pain Therapy. For more information, please visit www.bielcorp.com
Paul Knopick 9402623584 [email protected]
