BioCorRx Give Shareholders Update on Q1 2017

BioCorRx (OTCQB:BICX) released a business update for their first quarter of 2017.
As quoted in the press release:

Brady Granier, President, CEO and Director, stated, “We have had a very productive first quarter of 2017. Our preclinical studies of BICX101, a sustained release, injectable naltrexone for the treatment of opioid and alcohol use disorders, showed positive preliminary data as announced previously. We also formally requested a pre-IND meeting with the U.S. Food & Drug Administration (FDA) and we continue to wait for official communication from the FDA on a meeting date. In the meantime, we are conducting more preclinical studies on BICX101 in order to compile more data points. This may allow us to fine tune our lead formulas with the goal of achieving maximum efficiency and results while we await the FDA meeting.”
“Turning to our recovery program, we continue to sign on more providers, and currently have over 15 providers offering our program nationwide. In February, we announced that we will assist the city of Anaheim, California, in treating residents with opioid and alcohol addiction. BioCorRx will offer its BioCorRx® Recovery Program to residents of Anaheim suffering from alcohol and opioid addiction as an expansion of the Drug Free Anaheim Program discussed in the mayor’s February 2017 State of the City address aimed at encouraging those dependent on substances to seek assistance. We are confident in the success of our non-addictive medication-assisted-treatment program, which combines peer support and counseling modules with a naltrexone implant. The effectiveness of our program has been demonstrated time and again over the last several years, with better compliance than traditional alternatives and unprecedented results. We believe that with the success of our program, we will be able to continue to expand into other counties and cities across the U.S.”

Click here to read the full press release.

Source: www.accesswire.com