QBie™ Spotlight: Blake Insomnia Therapeutics, Inc. (OTCQB: BKIT)
QBie™ Spotlight sits down with Birger Jan Olsen, CEO of Blake Insomnia Therapeutics, Inc. (OTCQB: BKIT), to discuss one of the OTCQB’s newest additions. BKIT joined the OTCQB on October 26th of this year.
What does Blake Insomnia Therapeutics do?
Birger Jan Olsen (CEO – OTCQB: BKIT): “Blake Insomnia Therapeutics Inc. is a pharmaceutical company dedicated to improving nighttime and daytime quality of life for people with insomnia. Blake Insomnia’s lead product candidate Zleepax™ offers a new way of treating stress-related insomnia. It works by reducing physical stress symptoms that inhibit sleep at night, without producing the unwanted side effects typically associated with hypnotics. This gives Zleepax™ the potential to become any doctor’s first line therapy for treating ordinary stress-related insomnia.”
What is the next big goal BKIT is trying to accomplish/what should we keep an eye out for?
Birger Jan Olsen: “Blake Insomnia’s first objective is to raise $5 million as a seed investment allowing the company to conduct the first phase IIa clinical study 2017 to demonstrate Zleepax™ efficacy in the treatment of stress-related insomnia.”
Why did you join the OTCQB/go public?
Birger Jan Olsen: “We joined the OTCQB to use our stock for raising capital. We felt it was time to get a more diverse pool of investors. We were originally funded by a group of private investors and we want to create a liquidity event for those shareholders. We are seeking to drive visibility to our company in the investment community as we aim to simultaneously gain market visibility by Big Pharma.”
How can members of the microcap community help you?
Birger Jan Olsen: “I would be pleased to connect with other members who have been raising capital from investment firms or gone through a M&A process in order to exchange knowledge. We are also keen on getting in contact with pharma companies that have an interest in our insomnia product.”
About QBie™ Spotlight:
QBie™ Spotlight is a virtual “welcome interview” for new OTCQB companies. QBie™ Spotlight helps issuers that are new to the OTCQB connect with microcap industry professionals! Learn more about the QBie™ Spotlight HERE.
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