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Platform Technology
Estimations are that a large part of the U.S. population with moderate to severe pain cannot be helped - 70% of those receiving pain medications are unhappy and would change if something else became available. Productivity losses resulting from pain are in excess of US$100 billion dollars annually. Approximately 40 million people are unable to find medications that provide relief from debilitating pain and over one million cancer patients suffer from inadequately controlled pain.
Tetrodotoxin (TTX), a natural substance found primarily in the fugu or puffer fish, is used by WEX to address pain. Through its proprietary platform technology based on WEX's developing drug portfolio the analgesic, detoxification and anaesthetic markets are addressed. The platform technology has the characteristic of being non-opioid (non-addictive) with a quick onset time.
The WEX-based TTX platform indicates a plethora of applications, including:
- TECTIN™ - Analgesia
- TETRODIN™ - Detoxification
- TOCUDIN™ - Anaesthesia
Currently the Company is focusing its resources on the global development and commercialization of Tectin™ in the most expeditiuos manner.
WEX is the world leader in the development, purification,
and manufacturing of TTX.
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