I'm a pharmacist and i can assure you he's going to get zero recognition without any scientific data.. He needs to sit on it and get a proper degree in order to pursue research on his compound.. As of right now he just seems like he wants to make a quick.. 50-100K is nothing as compared to what a potential compound can fetch but there is zero value without animal (guinea, rabbit and mouse) trials.
There are also concerns if this medicine is safe for all age groups or only adults, how the compound is absorbed in body and how much is excreted unchanged, effect on kidneys, blood plasma binding, and hormones. Half-life and bioavailability.. These are just the basic parameters for any test compound and let me tell you that every year there are almost ten thousand compounds tested and only a few make it to the trial stages, and even when a new compound is found the average time from successful trials to market is 5-15Years, long term data is collected on controlled groups and repeatable results are obtained before they even consider naming the compound..
What i suggest is, stick with it and dont sell it to anyone
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