SOURCE: IO NewsWire

IO NewsWire

August 23, 2010 07:30 ET

(OTCBB: ACCP) FDA Approved MuGard Targets $1 Billion Market

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO News Wire.

NEW YORK, NY--(Marketwire - August 23, 2010) -  Access Pharmaceuticals (OTCBB: ACCP) CEO Jeffrey Davis discusses MuGards' recent FDA approval with OutsideIn Research.

Access Pharmaceuticals is taking aim at the estimated one billion dollar market in the treatment of oral mucositis (OM). OM is a painful ulceration of the mucous membranes lining the digestive tract. OM is commonly brought on by chemotherapy and radiation treatments administered to cancer patients. Estimates are 90% of all patients undergoing radiation treatment and 40% receiving chemotherapy get mucositis.

MuGard has a lower cost per patient, and is easier to administer compared with other gel based treatments on the market. Zacks Equity Research estimates MuGard sales will see a peak of $300 million and capture a quarter of the OM treatment market. As MuGard gains acceptance in the medical communities, Access Pharmaceuticals should see a significant rise in bottom line profits.

To view the entire interview with OutsideIn Research please visit www.outsideinresearch.com/qaaccp/

Other active stocks are King Pharmaceuticals (NYSE: KG) Genzyme Corp (NASDAQ: GENZ) and Cephalon Inc (NASDAQ: CEPH)

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