Avalon Holding Group, Inc. (QB) (USOTC:AVLH)
Intraday Stock Chart
Today : Monday 11 February 2013
Painmaster Products Inc., a subsidiary of Avalon Holding Group, Inc. (OTCQB: AVLH), today announced the launch of their new product, the Painmaster MCT Patch. The Painmaster Patch has been successfully prescribed and used by doctors, chiropractors and sports medicine professionals for nearly a decade, but now the company has received FDA clearance to sell direct to consumers for self-administration. Utilizing micro current therapy (MCT), the patch provides both a drug-free solution to pain therapy and an efficient delivery system through localized electrical stimulation treatment delivering continuous relief for up to 250 hours.
Industry analysts estimate that more than 1.5 billion people around the world suffer from chronic pain, making it the number one reason patients seek medical care. In fact, studies have shown that pain leads to more than 50 million lost workdays each year. The cost of pain, including medical bills and lost workdays, is estimated at $100 billion per year.
The U.S. market for pain management therapeutics is estimated to generate more than $40 billion and is predicted to grow to $60 billion by 2015. This market includes treatments for a wide range of conditions including post-operative pain, cancer pain, arthritis pain, migraine pain, neuropathic pain and back pain. This medical segment consists of products such as opioids, nonsteroidal anti-inflammatory drugs, acetaminophen, local anesthetics, tricyclic antidepressants, anticonvulsants, patient-controlled dosing, implants and electrical stimulation.
"Many pain medications, while effective, cause unwanted side effects such as nausea, vomiting, constipation and somnolence," said Dennis Shafer, chief executive officer of Avalon Holding Group and Painmaster Products Inc. "We are excited to be introducing a new effective delivery system for pain management with no side effects. Our affordable MCT product is truly one of a kind."
The Painmaster MCT Patch differs from other electrical stimulation patch products because it does not require a controller, making it much more convenient and easy to wear. Just stick the patch to your body in the painful area, turn it on and wear it wherever you go. Additionally, this product is at a much lower price point than other similar products on the market, some of which cost as much as $150. Painmaster lasts up to 250 hours and currently sells for only $19.95 with replacement patches on sale for $9.95 for a pack of four.
The Painmaster Patch is being promoted on direct response TV, with the ability for anyone to order the product through a toll-free number or via http://www.painmasterpatch.com .
About Painmaster Products Inc.
Painmaster Products Inc. markets and distributes the Painmaster MCT Patch in North America. The Painmaster Patch is a patented, revolutionary Micro Current Therapy (MCT) device that delivers an extremely small pulsating current of electricity tuned to the level of the normal electrical exchanges which take place at body's cellular level. This current has the ability to penetrate cells, safely and gently stimulate injured tissue, and activate the body's natural healing process. It is drug free, non-invasive, proven to control pain and promote healing, and is the only micro therapy pain treatment device to be cleared by the FDA for retail sales in the U.S. Based in Carson City, NV, the company is a wholly owned subsidiary of Avalon Holding Group, Inc. For more information please visit http://www.painmasterpatch.com .
About Avalon Holding Group, Inc.
Avalon Holding Group (OTCQB: AVLH) is a publicly-traded company active in the acquisition and promotion of consumer medical product brands and businesses. For additional information on Avalon Holding Group and Painmaster Products Inc., please visit http://www.avalon-holding.com/ .
Contact:
Tracy Bagatelle-Black
Bagatelle Black Public Relations
Email Contact
661-263-1842
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