PharmaTher Founder and CEO Issues Letter to Shareholders following the FDA Approval of Ketamine (KETARx™)

Core Viewpoint - PharmaTher Holdings Ltd. has received FDA approval for its ketamine product KETARx™ for surgical pain management, marking a significant milestone for the company and the potential for future growth in the pharmaceutical market [1][2]. Group 1: FDA Approval and Market Impact - The FDA approval for KETARx™ is described as a turning point for PharmaTher, indicating a new era of opportunities for the company and its shareholders [2]. - The company is moving quickly into pre-launch commercialization of KETARx™ in the U.S. and is preparing for international regulatory filings [3]. - There is an immediate surge of interest from specialty pharmaceutical companies, indicating a strong market response to the approval [3]. Group 2: Commercialization Strategy - Partnership discussions are already underway, and the company is advancing its commercial plan to launch KETARx™ within the year [4]. - The sales strategy targets hospitals, specialty clinics, and government institutions, including the U.S. Department of Defense and Veterans Health Administration [4]. - The company emphasizes that this is only the first phase, with millions of surgical patients set to benefit from KETARx™ [5]. Group 3: Future Potential and Pipeline - The FDA approval reinforces the company's mission to unlock the full pharmaceutical potential of ketamine for various disorders, including mental health and pain conditions [6]. - The company is exploring additional clinical-stage programs under the FDA's 505(b)(2) pathway, which could expand its market reach [7]. - The pipeline includes treatments for conditions such as Parkinson's disease, ALS, and CRPS, as well as innovative delivery methods like a ketamine patch and wearable pump [9]. Group 4: Vision and Commitment - PharmaTher's vision since its founding in April 2020 has been to focus entirely on ketamine, culminating in the recent FDA approval [8]. - The company aims to build itself into a leader in next-generation ketamine therapeutics, with a commitment to innovation and global expansion [10][11].