Rainbow Coral today highlighted substance abuse numbers from
the United States and Canada as evidence of Naltrexone’s strong growth
potential; the statistics also strengthen RBCC’s plans to aggressively pursue
additional partners and distribution channels to get the anti-addiction drug
into as many markets as possible.
“Drug and alcohol addiction afflicts millions of North
Americans struggling to free themselves from this terrible disease,” RBCC CEO
Kimberly Palmer stated in the news release. “The stats don’t paint a pretty
picture regarding addiction, however they do represent a window for companies
like ours to deliver treatments that will change lives for the better. That’s
rewarding from a personal standpoint, and offers an opportunity to build a
revenue stream to reward our investors on the business side.”
Wealthy and developed countries like the U.S. and Canada
have the world’s highest rates of substance abuse. According to a 2013 survey,
9.4 percent of Americans have used illicit drugs in the past month, up from 8.3
percent in 2002, while approximately 14 million Americans, 7.4 percent of the
population, meet the diagnostic criteria for alcoholism. Meanwhile, about 11
percent of Canadians are afflicted with alcohol or drug addiction.
Substance at this level abuse costs U.S. taxpayers USD $700
billion per year for treatment services, employing law enforcement and related
equipment. Canadian taxpayers face a C$22.8 billion tab each year to the
disease.
RBCC says it is nearing agreements with a Canadian medical
group that utilizes Naltrexone to treat substance abuse, as well as with
another company to distribute Naltrexone in Canada.
For more information visit www.rainbowsciences.com
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