PALM BEACH, Florida, March 6, 2017 /PRNewswire/ --
Several new medicines and therapies are being discovered at a rapidly increasing rate in the cannabidiol space such as the use of phytocannabinoids to prevent an array of different medical conditions and diseases. As more and more states have approved medical marijuana uses in the U.S. and Canada, Cannabis companies involved in research and development in cannabinoid (CBD) medicinal applications and clinical trials continue to forge ahead despite the recent Federal indications of a possible crack down on recreational marijuana use. Cannabis and Biotech stocks with recent industry developments include: Earth Science Tech, Inc. (OTC: ETST), GW Pharmaceuticals plc (NASDAQ: GWPH), Insys Therapeutics, Inc. (NASDAQ: INSY), OWC Pharmaceutical Research Corp. (OTC: OWCP) Cara Therapeutics, Inc. (NASDAQ: CARA),
Earth Science Tech, Inc. (OTC: ETST), an innovative biotech company focused on cannabis (industrial hemp) and cannabinoid research and development, nutraceuticals, pharmaceuticals, and medical devices based company is proud to announce that its wholly owned subsidiary Cannabis Therapeutics timeline for its cannabis cannabinoid based nutraceutical patent and generic pharmaceutical drug completion. Read this and more ETST News at http://marketnewsupdates.com/news/etst.html
At a meeting with the company's Advisory Board on Tuesday, February 28th at Le Centre Québecois d'Innovation en Biotechnologie (CQIB) in Laval, Québec; the scientists concluded that the improved CBD Hemp Oil food supplement was ready to move to prototyping, and then to be fast tracked to commercialization. In addition, two cannabinoid-based generic pharmaceutical drugs will be ready for premarket clinical trials related to drug bioavailability by Q3 2017. Depending on the time needed to properly conduct the clinical trials, both of the pharmaceutical drugs looks to be completed by the end of 2017 or beginning of 2018.
The first or these two generic drugs, an anti-breast cancer drug, is an important advance for the company as breast cancer affects more women worldwide than any other cancer. The components of the anti-breast cancer drug that Cannabis Therapeutics is bringing to market are contained in the World Health Organization's current Model List of Essential Medicines (2015). The WHO Model Complementary List indicates the essential medicines needed to treat priority diseases, such as breast cancer, by any healthcare system.
In other industry related news and developments:
GW Pharmaceuticals plc (NASDAQ: GWPH), a biopharmaceutical company focused on discovering, developing and commercializing novel therapeutics from its proprietary cannabinoid product platform, last week announced that Justin Gover, GW's Chief Executive Officer, will present at the Cowen and Company 37th Annual Healthcare Conference on Wednesday, 8 March, 2017 at 8:40 a.m. EST at the Boston Marriott Copley Place, Boston. A live audio webcast of the presentation will be available through GW's corporate website at www.gwpharm.com on the Investors section under Events & Presentations. A replay will be available soon after the live presentation.
Insys Therapeutics, Inc. (NASDAQ: INSY) last week announced that the Company will release its financial results for the fourth quarter and full year 2016 on Thursday, March 16, 2017, before the U.S. financial markets open. Following the release of the financial results, Dr. Santosh Vetticaden, Interim CEO, and Chief Medical Officer, and Darryl S. Baker, Chief Financial Officer, will host a conference call at 10:00 a.m. Eastern Daylight Time. Interested parties may participate in the conference call by dialing (844) 263-8304 (U.S.) or (213) 358-0958 (International), 5-10 minutes prior to the start of the call. A replay will be available shortly after the completion of the call for one week by dialing (855) 859-2056 (U.S.) or (404) 537-3406 (International) and entering conference call ID number 43995357.
OWC Pharmaceutical Research Corp. (OTCQB: OWCP), an Israeli-based developer of cannabinoid-based therapies targeting a variety of different medical conditions and disorders, in Late February announced it has received Institutional Review Board (IRB) approval to conduct safety testing on its proprietary topical crème compound for the treatment of psoriasis and related skin conditions. The approval follows the Company's February 1, 2017 8K filing announcing an extension to the size and scope of its efficacy study on the same compound, which began in November 2106.
Cara Therapeutics, Inc. (NASDAQ: CARA), a biotechnology company focused on developing and commercializing new chemical entities designed to alleviate pain and pruritus by selectively targeting peripheral kappa opioid receptors, last Thursday announced that the Company will host a conference call and live audio webcast on Thursday, March 9, 2017, at 4:30 p.m. ET to report fourth quarter and full year 2016 financial results and provide a corporate update. To participate in the conference call, please dial 855-445-2816 (domestic) or 484-756-4300 (international) and refer to conference ID 70053458.
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