With the completion of our merger with GeNOsys Nevada, we are now a medical research and development company that is specializing in pharmaceutical, bio-technical and medical gas generating systems. The primary gas our systems will generate is nitric oxide, along with other various combinations of beneficial medical gases suitable for the treatment of human diseases.
Nitric oxide gas is produced and sold commercially by major gas companies as a specialty gas mixture and calibration gas. Nitrogen dioxide is present in all nitric oxide gas currently produced; its presence limits the size of the dose of nitric oxide gas that can be administered to both humans and animals.
We have developed a proprietary compound formulation that will be utilized to produce nitric oxide gas in our desktop generators. Management believes that with further formulation of our proprietary compound, we can make or filter nitric oxide gas with less toxic amounts of nitrogen dioxide, and that this process can produce nitric oxide gas in ample quantities for any current or prospective use and at a price substantially less than that of all currently available technologies.
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