A Functional Beverage For Alcohol Poisoning That Kills 6 People Every Day: Safety Shot Plans To File FDA Application For Human Trials
Portfolio Pulse from Vandana Singh
Safety Shot Inc (NASDAQ:SHOT) plans to develop its functional beverage platform to treat alcohol poisoning in hospital and emergency settings. The beverage, set to launch in Q4 2023, reduces blood alcohol content and boosts clarity. It can lower blood alcohol content by up to 50% in 30 minutes. The company was formerly known as Jupiter Wellness Inc. and changed its name after acquiring Safety Shot. The shares of SHOT are currently down 2.11% at $1.39.
September 19, 2023 | 7:40 pm
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Safety Shot Inc is developing a beverage to treat alcohol poisoning, which could potentially open a new market for the company. However, the stock price is currently down.
The development of a new product to treat alcohol poisoning could potentially open a new market for Safety Shot Inc, which could positively impact the company's revenues in the future. However, the current decrease in stock price indicates that investors may be cautious about the company's prospects.
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IMPORTANCE 75
RELEVANCE 100