other material
confidence high
sentiment negative
materiality 0.70
United Health Products uplisted to OTCQB; FDA declines IDE for CelluSTAT study
United Health Products, Inc.
- Common stock upgraded from OTC Pink to OTCQB effective May 1, 2025; ticker UEEC.
- FDA declined to approve IDE for follow-on CelluSTAT clinical study, citing BIMO audit findings from initial 2019 study.
- Company responded to audit findings in Oct 2024 and Apr 2025; teleconference with FDA scheduled within 10 days.
- No assurance that FDA Premarket Approval for CelluSTAT will be granted.