Khiron Life Sciences Corp., a Latin American cannabis firm based in Canada, has signed a partnership with the United Kingdom in order to push the acceptance of medical cannabis in the region, via the Project Twenty21. That is considered the largest medical cannabis study in Europe. Also, the cannabis company has reached a deal with Brazil, which will help to expand its business in South America.
The Canadian firm Khiron Life Sciences Corp. announced the first medical cannabis prescriptions in the United Kingdom and Brazil, through its participation in the Twenty21 research project, the largest medical cannabis study in Europe.
Currently, Project Twenty21 is sampling 20,000 patients in the United Kingdom, with whom it hopes to test the tolerability and effectiveness of medical cannabis as a therapeutic alternative to certain diseases.
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Khiron Life partnership with the United Kingdom will help in the development of a new study
“Thanks to Khiron Life Sciences Corp., and the shared vision we have, we are accelerating the access to this therapeutic alternative for all those patients who need it,” said David Nutt, project leader and member of Drug Science, the United Kingdom’s independent scientific body linked to the cannabis study.
Khiron Life Sciences Corp. has partnered with this cannabis initiative to become the only Latin American supplier of medical cannabis-based pharmaceutical products from 2019. In addition, with this initiative, the company is expanding its business to European markets, which have the potential to become key cannabis hubs in the near future.
The medical cannabis study is carried out in conjunction with entities such as The Royal College of Psychiatrists, The British Pain Society, and the United Patients Alliance, and focuses on pathologies such as epilepsy, chronic pain, multiple sclerosis, and post-traumatic stress disorder.
For his part, Alvaro Torres, co-founder and CEO of Khiron Life Sciences Corp. said that “the first medical cannabis prescriptions that will be given to selected patients in the United Kingdom reflect” his “commitment to developing safe, responsible medicines of the highest standards that improve people’s quality of life.”
“We are confident that this milestone sets an important benchmark for the industry,” he said, solidifying his commitment to this partnership.
Medlive and Khiron Life, a partnership that will facilitate the cannabis business in Brazil
In February of this year, Khiron Life Sciences Corp. was authorized by Brazil’s National Health Surveillance Agency (Anvisa) to import its medical cannabis products for the modality of compassionate use by patients. That will allow the medical cannabis-based pharmaceutical product to be brought to Brazilian territory.
In addition, to facilitate access to patients who require it, the Canadian company signed an exclusivity agreement with Medlive, a company that distributes pharmaceutical products to more than 3,000 clinics, hospitals and pharmacies in southern Brazil.
In this way, the two companies will train an extensive network of doctors belonging to the centers with which they have an agreement on health education and the different pharmaceutical products that the company has developed.
This move will potentially help to expand the knowledge about cannabis-based products in these medical centers, and also help to destigmatize the use of cannabis.
Thus, they hope to put this product on sale and distribution in Brazilian territory by the third quarter of 2020. That would help hundreds, if not thousands, of patients in the Latin American giant to access new and modern alternative treatments.
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