POH just moved morphine through the skin which is great news for them. They do however combine phosphate molecules to the drugs thereby altering the drug to enhance dermal penetration. This means reapplying for approval of each drug in the new form= years to get to mkt.
OBJ mkt cap a tiny $8m . They don't do anything to the drug therefore no lengthy reapplication to FDA necessary= much better.
Gotta be some upside inthese. Expect more drug results soon. $8m vs $160m
poh mkt cap $160m
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