Exclusive agreement to conduct clinical research to advance the
development of MedReleaf’s cannabinoid health and drug products
MedReleaf Corp. (TSX:LEAF) (“MedReleaf” or the “Company”) and BioPharma
Services Inc. (BioPharma) today announced they have entered into an
exclusive agreement to conduct clinical research for cannabis and
cannabis derived products. Under the agreement BioPharma will become an
extension of MedReleaf’s clinic development team.
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BioPharma will provide medical, clinical, pharmacological and lab
expertise to expedite MedReleaf’s product strategy to support in-market
products as well as products under development for registration in
Canadian and international markets.
BioPharma is well positioned to accelerate MedReleaf’s product
development and clinical research programs through their international
experience in running early phase clinical trials. MedReleaf and
Biopharma will jointly provide scientific and regulatory guidance to
clinical research studies supporting MedReleaf’s product launches in the
months to come.
“This strategic alliance sets us apart in the clinical research and
development space for cannabis and cannabis derived products and will
facilitate much needed cannabinoid therapies to assist in the treatment
of pain, inflammatory conditions, mental health, palliative care and
underserved therapeutic areas,” said Angelo Fefekos, Senior Vice
President Clinical Affairs and Quality Assurance at MedReleaf.
"We are very proud to work with MedReleaf in support of their
cannabinoid natural health and drug strategy. This alliance is a great
example of Biopharma’s capabilities as a Phase I industry leader with
expertise in CNS, pain and abuse liability," said Renzo DiCarlo, CEO at
Biopharma Services, Inc.
About MedReleaf (TSX.LEAF)
Canada’s most awarded licensed
producer, MedReleaf is an R&D-driven company dedicated to innovation,
operational excellence and the production of industry leading,
top-quality cannabis. Sourced from around the world and carefully
cultivated in one of two state-of-the-art ICH-GMP and ISO 9001 certified
facilities in Ontario, with a third facility currently in development, a
full range of premium MedReleaf products are delivered to the global
medical market. We serve the therapeutic needs of patients seeking safe,
consistent and effective medical cannabis and provide a compelling
product offering for the adult-use recreational market.
For more information on MedReleaf, its products, research and how the
company is helping patients #livefree, please visit MedReleaf.com
or follow @medreleaf
About BioPharma Services Inc.
BioPharma Services Inc. is a
fullservice Contract Research Organization (CRO) specializing in the
conduct of Phase I/IIa and Bioequivalence clinical trials for
international pharmaceutical companies worldwide. BioPharma has clinical
facilities both in the USA and Canada with a total capacity of 300 beds
with access to healthy volunteers and special populations. Headquartered
in Toronto, Canada, BioPharma’s comprehensive services also include
Bioanalysis at our GLP Certified Laboratory, Scientific and Regulatory
Affairs, Biostatistics and Safety Data Analysis (CDISC), Medical Writing
and Data Management.
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