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PharmaTher Announces FDA Approval of Ketamine (KETARx�)

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PharmaTher Holdings (OTCQB: PHRRF) has achieved a significant milestone with the FDA approval of KETARx�, its ketamine product for surgical pain management, on August 8th, 2025. This approval positions PharmaTher strategically in the rapidly growing ketamine market, currently valued at $750 million and projected to reach $3.42 billion by 2034, with a CAGR of 16.4%.

The approval enables PharmaTher to expand ketamine development across various therapeutic areas, including depression, Parkinson's disease, ALS, and Complex Regional Pain Syndrome (CRPS). Notably, ketamine has been on the FDA drug shortage list since February 2018, highlighting the significant market opportunity for a consistent, high-quality supply.

PharmaTher Holdings (OTCQB: PHRRF) ha raggiunto un importante traguardo con la approvazione da parte della FDA di KETARx�, il suo prodotto a base di ketamina per la gestione del dolore chirurgico, l'8 agosto 2025. Questa approvazione posiziona PharmaTher in modo strategico nel mercato della ketamina in rapida crescita, attualmente valutato $750 milioni e previsto raggiungere $3,42 miliardi entro il 2034, con un CAGR del 16,4%.

L'approvazione permette a PharmaTher di ampliare lo sviluppo della ketamina in diversi ambiti terapeutici, tra cui depressione, morbo di Parkinson, sclerosi laterale amiotrofica (ALS) e sindrome del dolore regionale complesso (CRPS). È rilevante che la ketamina sia nella lista dei farmaci in carenza della FDA dal febbraio 2018, sottolineando l'opportunità di mercato per un approvvigionamento costante e di alta qualità.

PharmaTher Holdings (OTCQB: PHRRF) ha alcanzado un hito importante con la aprobación por la FDA de KETARx�, su producto de ketamina para el manejo del dolor quirúrgico, el 8 de agosto de 2025. Esta aprobación sitúa a PharmaTher estratégicamente en el mercado de la ketamina, de rápido crecimiento, actualmente valorado en $750 millones y proyectado a alcanzar $3.42 mil millones para 2034, con un CAGR del 16,4%.

La aprobación permite a PharmaTher ampliar el desarrollo de la ketamina en diversas áreas terapéuticas, incluidas depresión, enfermedad de Parkinson, ELA (ALS) y Síndrome de Dolor Regional Complejo (CRPS). Cabe destacar que la ketamina figura en la lista de escasez de fármacos de la FDA desde febrero de 2018, lo que resalta la oportunidad de mercado para un suministro constante y de alta calidad.

PharmaTher Holdings (OTCQB: PHRRF)ëŠ� 2025ë…� 8ì›� 8ì� 외과ì � í†µì¦ ê´€ë¦¬ë¥¼ 위한 케타ë¯� 제품ì� KETARxâ„¢ì˜ FDA 승ì¸ì� íšë“하며 중요í•� ì´ì •표를 달성했습니다. ì´ë²ˆ 승ì¸ì€ 빠르ê²� 성장하는 케타ë¯� 시장ì—서 PharmaTherì� ì „ëžµì � 위치ë¥� 강화하는ë�, 해당 ì‹œìž¥ì€ í˜„ìž¬ $750 million 규모ì´ë©° 2034년까지 $3.42 billionì—� ì´ë¥¼ 것으ë¡� ì „ë§

ì´ë²ˆ 승ì¸ì� 통해 PharmaTherëŠ� 우울ì¦�, 파킨슨병, ALS(근위축성 측삭경화ì¦�), 복합부위통ì¦ì¦í›„êµ°(CRPS) ë“� 다양í•� 치료 분야ë¡� 케타ë¯� 개발ì� 확장í•� ìˆ� 있게 ë©ë‹ˆë‹�. 특히 ì¼€íƒ€ë¯¼ì€ 2018ë…� 2월부í„� FDAì� 약물 ë¶€ì¡� 목ë¡ì—� í¬í•¨ë˜ì–´ 있다ëŠ� ì ì—ì„�, 안정ì ì´ê³� ê³ í’ˆì§ˆì˜ ê³µê¸‰ì—� 대í•� í� 시장 기회ë¥� 시사합니ë‹�.

PharmaTher Holdings (OTCQB: PHRRF) a atteint une étape importante avec l'approbation par la FDA de KETARx�, son produit à base de kétamine pour la prise en charge de la douleur chirurgicale, le 8 août 2025. Cette approbation positionne PharmaTher de manière stratégique sur le marché de la kétamine en forte croissance, actuellement évalué à 750 millions de dollars et prévu d'atteindre 3,42 milliards de dollars d'ici 2034, avec un TCAC de 16,4 %.

Cette validation permet à PharmaTher d'étendre le développement de la kétamine à plusieurs domaines thérapeutiques, notamment la dépression, la maladie de Parkinson, la SLA (sclérose latérale amyotrophique) et le syndrome douloureux régional complexe (CRPS). Il est notable que la kétamine figure sur la liste des pénuries de médicaments de la FDA depuis février 2018, ce qui met en évidence une importante opportunité de marché pour un approvisionnement constant et de haute qualité.

PharmaTher Holdings (OTCQB: PHRRF) hat am 8. August 2025 mit der FDA-Zulassung von KETARx�, seinem Ketaminprodukt zur Kontrolle von Operationsschmerzen, einen bedeutenden Meilenstein erreicht. Diese Zulassung positioniert PharmaTher strategisch im schnell wachsenden Ketaminmarkt, der derzeit mit $750 Millionen bewertet ist und bis 2034 voraussichtlich $3,42 Milliarden erreichen wird, bei einem CAGR von 16,4%.

Die Zulassung ermöglicht es PharmaTher, die Ketamin-Entwicklung auf verschiedene therapeutische Bereiche auszuweiten, darunter Depression, Parkinson-Krankheit, ALS (amyotrophe Lateralsklerose) und das komplexe regionale Schmerzsyndrom (CRPS). Auffällig ist, dass Ketamin seit Februar 2018 auf der FDA-Liste der Arzneimittelengpässe steht, was die bedeutende Marktchance für eine zuverlässige, hochwertige Versorgung unterstreicht.

Positive
  • FDA approval of KETARxâ„� for surgical pain management
  • Strong market potential with ketamine market projected to reach $3.42B by 2034
  • Addresses ongoing FDA drug shortage list issue since February 2018
  • Strategic positioning in multiple therapeutic areas including mental health, neurological, and pain disorders
  • Potential market opportunity highlighted by SPRAVATO® sales run rate of $1.6B
Negative
  • Competitive market with established players like SPRAVATO®
  • FDA warning about risks associated with compounded ketamine products
  • Complex regulatory landscape for psychedelic-based treatments

TORONTO, Aug. 11, 2025 (GLOBE NEWSWIRE) -- PharmaTher Holdings Ltd. (the “Company� or “PharmaTher�) (OTCQB: PHRRF) (CSE: PHRM), a specialty pharmaceutical company focused on unlocking the pharmaceutical potential of ketamine, is pleased to announce today that the U.S. Food and Drug Administration (FDA) has approved the Company’s ketamine product, herein referred to as KETARx�, on August 8th, 2025, for its indicated uses in surgical pain management. This FDA approval signifies a momentous achievement for PharmaTher and strategically positions the Company to contribute to the psychedelic pharmaceutical revolution by leveraging its commercial and clinical initiatives with ketamine towards mental health, neurological, and pain disorders.

Fabio Chianelli, Founder, Chairman and CEO of PharmaTher, commented:

“Today marks a new chapter for PharmaTher. With FDA approval for ketamine now in hand, we are closer to realizing our goal of becoming a global leader in ketamine-based pharmaceuticals. This historic FDA approval for PharmaTher is a testament to years of dedicated development, signalling a new era of growth. We remain steadfast in our mission to harness the pharmaceutical potential of ketamine for a range of mental health, neurological, and pain disorders.�

Ketamine stands out among psychedelic and psychedelic-adjacent drugs as the only one included on the World Health Organization's Model List of Essential Medicines1. The global ketamine market is expected to experience substantial growth, currently valued at $750 million and projected to reach $3.42 billion by 2034, indicating a compound annual growth rate of 16.4%2. Furthermore, SPRAVATO® (esketamine), an FDA approved treatment for depression, is tracking a sales run rate of $1.6 billion, with guidance anticipating $3 billion to $3.5 billion by 2027-20283. This promising market outlook underscores the potential of KETARx� and PharmaTher’s strategic position in the industry.

The FDA's approval of the Company’s ketamine product, KETARx�, provides a strong foundation for expanding the development of ketamine across diverse therapeutic areas within the Company's product pipeline. These areas include mental health conditions like depression, neurological disorders such as Parkinson's disease and Amyotrophic Lateral Sclerosis (ALS), and the management of rare or chronic pain, including Complex Regional Pain Syndrome (CRPS).

Since February 2018, ketamine has been regularly listed on the FDA drug shortage list, highlighting a significant need for a consistent, high-quality supply. This issue is cautioned by a compounding risk alert issued by the FDA on October 10, 20234, which detailed potential risks associated with compounded ketamine products used for psychiatric disorders. Robert F. Kennedy Jr., Secretary of Health and Human Services, has also emphasized the importance of expanding research and ensuring legal access to psychedelic therapies for veterans5. The Veterans Health Administration, the largest integrated healthcare system in the U.S., currently approves and funds ketamine infusions for retired military personnel afflicted with depression, PTSD, and chronic pain6. Furthermore, FDA Commissioner Marty Makary's establishment of the Commissioner's National Priority Voucher program signifies the FDA's dedication to expediting access to safe and effective treatments, instilling confidence in potential future regulatory support and accessibility for ketamine.

About PharmaTher Holdings Ltd.

PharmaTher Holdings Ltd. (OTCQB: PHRRF) (CSE: PHRM) is focused on unlocking the pharmaceutical potential of Ketamine (KETARx�) for mental health, neurological, and pain disorders. For more information, visit .

For more information about PharmaTher, please contact:

Fabio Chianelli
Chief Executive Officer
PharmaTher Holdings Ltd.
Tel: 1-888-846-3171
Email:
Website:

Neither the Canadian Securities Exchange nor its Regulation Services Provider have reviewed or accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement

This press release contains 'forward-looking information' within the meaning of applicable Canadian securities legislation. These statements relate to future events or future performance. The use of any of the words “closerâ€�, "could", “confidentâ€�, "would", "intend", "expect", "believe", "will", "projected", "estimated", "potential", â€promiseâ€�, “strongâ€�, "aim", “mayâ€�, “planâ€�, “proposedâ€�, “leadâ€�, “towardâ€�, “anticipateâ€�, “provideâ€�, “positionâ€�, “leverageâ€�, “mitigateâ€�, “beforeâ€�, “priorâ€�, and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on PharmaTher Holdings Ltd. (the "Company") current belief or assumptions as to the outcome and timing of such future events. Forward-looking information is based on reasonable assumptions that have been made by the Company at the date of the information and is subject to known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those anticipated in the forward-looking information. Given these risks, uncertainties and assumptions, you should not unduly rely on these forward-looking statements. The forward-looking information contained in this press release is made as of the date hereof, and Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. The foregoing statements expressly qualify any forward-looking information contained herein. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption "Risk Factors" in Company's management's discussion and analysis for the three and nine months ended February 28, 2025 dated April 24, 2025, which is available on the Company's profile at .

This news release does not constitute an offer to sell or the solicitation of an offer to buy, and shall not constitute an offer, solicitation or sale in any state, province, territory or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state, province, territory or jurisdiction.

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FAQ

What is the significance of PharmaTher's FDA approval for KETARx�?

The FDA approval on August 8th, 2025, allows PharmaTher's KETARx� to be used in surgical pain management, positioning the company as a key player in the ketamine pharmaceutical market and addressing the ongoing FDA drug shortage issue.

What is the market potential for PharmaTher's ketamine product?

The global ketamine market is valued at $750 million and projected to reach $3.42 billion by 2034, with a compound annual growth rate of 16.4%.

What therapeutic areas will PharmaTher's KETARx� target?

KETARx� targets multiple therapeutic areas including mental health conditions (depression), neurological disorders (Parkinson's disease, ALS), and pain management (Complex Regional Pain Syndrome).

How does PharmaTher (PHRRF) address the current ketamine shortage?

PharmaTher's FDA-approved KETARx� aims to provide a consistent, high-quality supply of ketamine, addressing the shortage that has existed on the FDA drug shortage list since February 2018.

What are the potential applications of PharmaTher's ketamine in veterans' healthcare?

The Veterans Health Administration currently approves and funds ketamine infusions for retired military personnel treating depression, PTSD, and chronic pain, representing a significant market opportunity for PharmaTher.
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