Petros Pharmaceuticals Inc. has announced a new partnership with Innolitics, a prominent developer in the Software-as-a-Medical Device sector. This collaboration aims to enhance Petros' first-in-industry SaaS platform, integrating advanced features such as AI and cybersecurity, to support its proprietary web application. The partnership is part of Petros' strategy to expand consumer access to medications through over-the-counter drug development programs. With a robust cash position and a reduced burn rate, Petros is well-positioned to fund this technological development, which aligns with FDA guidelines to facilitate the transition of prescription products to OTC availability.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Petros Pharmaceuticals Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1029717) on May 20, 2025, and is solely responsible for the information contained therein.
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