HYTN Innovates GMP Stability Programs, Sets Industry Benchmark

VANCOUVER, British Columbia, April 22, 2024 (GLOBE NEWSWIRE) -- HYTN Innovations Inc. (CSE: HYTN | FSE: 85W0) “HYTN” or “The Company”, a leader in the development, formulation, and manufacturing of products containing psychoactive and psychotropic compounds, including cannabis, is pleased to announce significant advancements in its Good Manufacturing Practice (GMP) stability programs.

Stability programs constitute a cornerstone of all GMP guidelines and are vital for achieving GMP certification. Since achieving GMP certification under the International Pharmaceutical Cooperation Scheme (PIC/S) and welcoming Health Canada for a GMP audit of their Kelowna facility, HYTN has expanded its stability program. Notably, this expansion encompasses both 10g jars and bags for cannabis products and 1g sachets of psilocybin-containing mushrooms, marking a significant milestone that reflects HYTN’s comprehensive commitment to product excellence, consumer safety, and innovation, all while maintaining our rigorous dedication to quality assurance.

HYTN notes that for its GMP cannabis products, it currently has data to support a shelf life of six months for items in bags and one year for those in jars. The rapid results are thanks in part to stability data received from HYTN's Australian partners Promethean Biopharma. HYTN expects that stability data for bagged products will support a 12-month shelf life prior to releasing its first finished products for international export.

Furthermore, HYTN believes that its vertically integrated cultivation, harvest, fabrication, packaging, labelling and stability program for psilocybin-containing mushroom products stands as a first of its kind initiative within the Canadian GMP manufacturing landscape. This program underscores HYTN’s dedication to innovation and demonstrates the robustness and value of the Company’s Quality Management System. While data collection is ongoing, HYTN aims to provide critical stability data for the inclusion of its products in various clinical applications and to set industry benchmarks in the GMP processing of psilocybin and other tryptamine derivatives from mushrooms.

Jason Broome, HYTN's Chief Operations Officer, shared his enthusiasm for the advancements, “The strides we've made in our GMP stability programs are not just technical achievements; they reflect our unwavering commitment to innovation and quality in every product we bring to market. As we pioneer psychoactive compound production, we remain dedicated to setting the gold standard for the industry. We're excited to delve deeper into the implications of our progress during our upcoming quarterly management discussions, where we’ll map out the next phases of our journey and further solidify our leadership position.”