Safety Shot to Develop Detox Product for Alcohol Poising, Plans to File IND with U.S. FDA
18 Setembro 2023 - 9:00AM
Safety Shot, Inc. (Nasdaq: SHOT) today announced it intends to
develop its Safety Shot functional beverage platform in a unique
concentrated form to treat alcohol poisoning in hospital and
emergency settings. The Safety Shot beverage, set to launch Q4
2023, is the first patented beverage on Earth that helps people
feel better faster by reducing blood alcohol content and boosting
clarity.
The Safety Shot platform works through four
different Mechanisms of Action including improving central nervous
system (CNS) activity, cognition, and motor cortex function. It is
designed to rapidly break down blood alcohol levels and prevent
residual alcohol in the body from being absorbed through the gut by
creating a protective shield around the gut wall.
Over 52 million people in the U.S. were admitted
to hospital emergency departments due to acute alcohol consumption
in 2020. There are an estimated 20,000 cases of alcohol poisoning
each year in the U.S. Severe complications from alcohol poisoning
can include choking, asphyxiation, dehydration, seizures,
hypothermia, cardiac arrest, brain damage, and death. According to
the U.S. Centers for Disease Control, 2,200 people die of alcohol
poisoning each year in the U.S., or about 6 people each day.
Through its Jupiter Wellness business segment
which develops over-the-counter and prescription-grade health and
wellness products, Safety Shot has a well-established clinical
development infrastructure and expertise.
“We believe a concentrated form of Safety Shot
could offer an easy-to-administer, immediately supportive aid or
treatment for acute alcohol consumption to help prevent alcohol
poisoning and related deaths. With 52 million people rushed to the
ER each year due to acute alcohol consumption, we believe that
prescription-grade Safety Shot could be used in a variety of
settings including ambulances, hospitals, clinics, and
entertainment venue-based medical emergency centers,” stated Dr.
Glynn Wilson, Safety Shot’s Chief Scientific Officer. “We
anticipate filing an investigational new drug (IND) application
with the U.S. Food and Drugs Administration (FDA) for this alcohol
poisoning related indication.”
About Safety Shot
Safety Shot, a wellness and functional beverage
company, is set to launch Safety Shot, the first patented beverage
on Earth that helps people feel better faster by reducing blood
alcohol content and boosting clarity. The Company plans to spin off
legacy assets from its Jupiter Wellness business to unlock value
for shareholders.
Interested investors and shareholders are
encouraged to sign up for press releases and industry updates by
registering for Email Alerts at
https://jupiterwellness.com/email-alerts/ and by following Jupiter
Wellness on Twitter and LinkedIn.Forward Looking
Statements
This communication contains forward-looking
statements regarding Jupiter Wellness, including, the anticipated
timing of studies and the results and benefits thereof. You can
generally identify forward-looking statements by the use of
forward-looking terminology such as “anticipate,” “believe,”
“continue,” “could,” “estimate,” “expect,” “explore,” “evaluate,”
“intend,” “may,” “might,” “plan,” “potential,” “predict,”
“project,” “seek,” “should,” or “will,” or the negative thereof or
other variations thereon or comparable terminology. These
forward-looking statements are based on each of the Company’s
current plans, objectives, estimates, expectations, and intentions
and inherently involve significant risks and uncertainties, many of
which are beyond Jupiter Wellness’ control. Actual results and the
timing of events could differ materially from those anticipated in
such forward-looking statements as a result of these risks and
uncertainties and other risks and uncertainties affecting Jupiter
Wellness and, including those described from time to time under the
caption “Risk Factors” and elsewhere in Jupiter Wellness’
Securities and Exchange Commission (SEC) filings and reports,
including Jupiter Wellness’ Annual Report on Form 10-K for the year
ended December 31, 2023 and future filings and reports by Jupiter
Wellness. Moreover, other risks and uncertainties of which the
combined company is not currently aware may also affect each of the
companies’ forward-looking statements and may cause actual results
and the timing of events to differ materially from those
anticipated. Investors are cautioned that forward-looking
statements are not guarantees of future performance. The
forward-looking statements made in this communication are made only
as of the date hereof or as of the dates indicated in the
forward-looking statements and reflect the views stated therein
with respect to future events at such dates, even if they are
subsequently made available by Jupiter Wellness on its website or
otherwise. Jupiter Wellness undertakes no obligation to update or
supplement any forward-looking statements to reflect actual
results, new information, future events, changes in its
expectations or other circumstances that exist after the date as of
which the forward-looking statements were made.
Safety Shot Media Contact:
Phone: 561-244-7100Email: info@JupiterWellness.com
###
Safety Shot (NASDAQ:SHOT)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Safety Shot (NASDAQ:SHOT)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024