One double-blind study published in the International Journal of Sports Nutrition and Exercise Metabolism tested whether or not deer antler velvet powder or extract had an impact on aerobic performance, endurance and “trainability of muscular strength” compared to a placebo. The subjects were adult males. They were given either a placebo, or deer antler extract or powder supplementation over a  10-week period while undergoing a strength-building routine. The men were measured for muscular strength, endurance, and VO2max before and after using deer antler. These results were determined by measuring circulating levels of testosterone, insulin-like growth factor, erythropoietin, red cell mass, plasma volume, and total blood volume.
Nutronics Labs IGF-1 Platinum is the strongest Antler Velvet on the market. With our 300,000 Nanograms of IGF-1, IGF-2 & other growth factors from the World's Purest Deer Antler Velvet, IGF-1 Platinum helps individuals of all backgrounds train harder, build lean muscle and speed their recovery time, this is by far the strongest and most effective product on the market. This can be used by anyone who wants to achieve optimum IGF levels and a healthy lifestyle.
In a study on diabetic mice given topical wounds (scalpel and scissors to create a cricle; diabetes tends to reduce wound healing rates[34] and thus diabetic rats are a good research model for wound closure rates) where either a control cream or one containing 400mcg Velvet Antler (Elk; water soluble extract) noted that there was less angiogenesis and a trend towards less inflammation assocaited with Velvet Antler cream while on day 7 wounds treated with the Antler cream were significantly smaller than control.[35] One 3.2kDa protein has been noted to possess wound healing properties, which are dose-dependent and have been noted to improve wound healing induced by burns at 0.05-0.1% of solution[36] and in vitro at 10-40mcg/mL.[37]
Deer antler velvet can play a pivotal role in helping to not only relieve the symptoms of diseases that affect joints, such as osteoarthritis, they can possibly eliminate them entirely. The way it may do this is through the introduction of chondroitin sulfate and glucosamine sulfate into the body. Both of these compounds are abundant in deer antler velvet.

A 2015 study published in Evidenced Based Complimentary and Alternative Medicine fed mice a diet containing 10 percent elk velvet extract (EVA) to test its effects on physical growth and bone development.  Researchers measured the mice’s body weights, blood chemistry, kidney and testis/ovary functions, and bone traits weekly. They found that “Mean body weights were higher in the EVA group at 4–8 weeks in males, and at 5 weeks of age in females.” The mice fed EVA also experienced changes in kidney function and increased femoral bone length by 5 weeks old. Levels of alkaline phosphatase (ALP) increased in EVA group.
Speed Exercise Recovery - Depends which way you look at, but in general it really depends on why you would need it. If you think this works like synthetic anabolics that helps you recover quicker and train more you are grossly mistaken. But if you have joint issues, or desire the benefits of increased blood flow assisting and conversion in the liver, or need a boost to tissue regeneration than this is smarter thinking on your part.
Do not be fooled by companies who make false claims and be aware that there is a difference in deer antler velvet quality and absorption rate. Nutronics Labs only utilizes Grade A New Zealand Deer Antler Velvet extract in its various IGF liposome formulations. Nutronics Labs proprietary blend of Deer Antler Velvet extract in liposome formula carries the highest potency in the world and is free of any contaminants or filler compounds.

In a randomized, placebo controlled test in 2004, researchers at the University of Alberta, Canada, placed 18 males from the Edmonton Police Force into a 9 week strength training program. The results showed that deer antler velvet increased the strength and endurance of the subjects relative to the control group. The researchers found that use of deer antler velvet significantly increased blood plasma testosterone levels. 
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