Innovative Biotechnology Companies are Transforming Cannabis-based Medical Products - Seite 3

By leveraging its proprietary systems for bioinformatics and biosynthesis, InMed retains full control over its systems and processes, making it far easier to predict clinical outcomes. The company is scaling up its manufacturing process to complement its biosynthetic cannabinoid development program and to accommodate other biotech's in their cannabinoid-based medical product developments. On September 12, 2017, InMed announced (http://nnw.fm/8hO3S) its filing of an application for a provisional patent covering its proprietary biosynthesis program, positioning the company for eventual protection of its technology in international jurisdictions.

With market capitalization of over $2.7 billion as of October 20, 2017, GW Pharmaceuticals (NASDAQ: GWPH) is a global leader in the development of plant-based cannabinoid therapeutics. Its primary focus to date has been on the development of cannabinoid products for the treatment of neurological conditions, including certain epilepsy syndromes. The company developed the world's first cannabis-based prescription drug for the treatment of spasticity as a result of multiple sclerosis. GW has other product candidates in its development pipeline, including formulations for the treatment of glioma and schizophrenia.

Zynerba Pharmaceuticals (NASDAQ: ZYNE) focuses on the development of transdermal delivery methods for synthetic cannabinoid therapeutics. The company's pipeline includes ZYN002, a patented gel containing synthetic cannabidiol (CBD), a non-psychoactive cannabinoid, for transdermal delivery to patients with osteoarthritis and Fragile X syndrome. It is also targeted for adults with focal seizures. On September 28, 2017, company shares rocketed by 54% in afternoon trading following the announcement of positive results from mid-stage testing of ZYN002. Zynerba's other product in development, ZYN001, is a THC-based drug for the relief of pain associated with fibromyalgia and peripheral neuropathic indications.

Canopy Growth (OTC: TWMJF) (TSX: WEED) operates the largest cannabis growing greenhouses in the world, covering over 350,000 square feet. With a market cap of almost $2.2 billion as of October 20, 2017, the company supplies medical grade cannabis via one of its core brands, Bedrocan Canada, a branch of Netherlands-based Bedrocan International. Canopy places a high priority on producing consistent quality and providing a critical service to biotechs. The company's high-quality medical grade cannabis is used for clinical research in several countries in Europe. Via Bedrocan, Canopy Growth recently launched the EQUAL Study, one of the largest clinical studies of its kind, to assess the effects of medical cannabis use on quality of life.