BDA 1.06% 46.5¢ bod australia limited

Ann: Cannabis Phase I Clinical Trial - Ethics Approval Received, page-2

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    ● Human Research Ethics Committee grants Bod full ethics approval for Cannabis Phase I Clinical Trial
    ● Approval received in unprecedented time period with no additional information required –largely due to
    quality of cannabis extract, counterparties involved, superior trial design and calibre of clinical trial team
    ● Bod’s counterparties include specialty pharmaceutical Company, iX Biopharma and Linnea SA, owned by
    Schwabe and Ipsen
    ● Success in Clinical trials will leave Bod with a standardised, reproducible and patent protected cannabis
    product which can be distributed or licenced to major pharmaceutical companies globally
    ● Key milestone for Bod –significant progress continues on pipeline of research activities​
    ● Cannabis trial expected to commence in near term at a highly renowned centre in Melbourne, Victoria

    Bod’s counterparties include leading, Singapore stock exchange listed company, iX Biopharma Limited (market capitalisation: $99.5m), who will be manufacturing the sublingual wafer delivered during the trial and Linnea SA, a leading Swiss manufacturer of botanical extracts and pharmaceutical ingredients. Linnea are a subsidiary of Ipsen and Schwarbe (market capitalisation: €0.9b), who are distinctly focused on pharmaceuticals and oncology​
    Last edited by aburbe: 01/05/18
 
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