Biotech Influence in Exploding Cannabis Industry Boosting Innovative Treatments and Therapies
PALM BEACH, Florida, March 14, 2017 /PRNewswire/ --
MarketNewsUpdates.com News Commentary
Biotech companies continue to increase their involvement in medicinal cannabis, as the industry enjoys significant growth and optimism. Operating with the business goals of following governmental mandates and industry standards, research and development, as well as production of services, therapies and leading edge products are providing growth opportunities for companies such as: Zynerba Pharmaceuticals, Inc. (NASDAQ: ZYNE), Earth Science Tech, Inc. (OTC: ETST), CV Sciences, Inc. (OTC: CVSI), Medical Marijuana, Inc. (OTC: MJNA) and even biotech leaders like Cerulean Pharma Inc. (NASDAQ: CERU).
Earth Science Tech, Inc. (OTC: ETST), an innovative biotech company focused on cannabis (industrial hemp), cannabinoid research and development, nutraceuticals, pharmaceuticals, and medical devices, is proud to announce its subsidiaries Cannabis Therapeutic, Inc. and Earth Science Pharmaceutical, Inc., the nomination of Kim Foster-Cunningham to the post of Project Manager for the MSN-2 medical device project; and Denis Babin of SDB Import/Export, Inc. as international marketing consultant for Cannabis Therapeutics and Earth Science Pharmaceutical products. Read this and more news for Earth Science Tech at: http://marketnewsupdates.com/news/etst.html
Highlights from the ETST News include: Ms. Foster-Cunningham's immediate focus is on the preparatory phase of the pre-market clinical trial of the MSN-2 medical device. The MSN-2 device is a revolutionary medical instrument for the detection and diagnosis of Chlamydia and Gonorrhea, from previous announcement, (ETST Announces 60-Patient Clinical Prelaunch Study for its MSN-2 Medical Device for the Diagnosis of Chlamydia & Gonorrhea, ETST Elects Dr. Michel Aubé as New CEO & CSO, and Nickolas Tabraue as President.) Ms. Foster-Cunningham, who holds a degree in sales and marketing, is recognized for her expertise in business networking and her solid business expertise. She is a sought-after speaker throughout the USA and Canada, delivering conferences on her proactive approach to general health and self-care. Passionate about individual sports, she is a half marathon runner and a triathlete. Always enthusiastic about transmitting her passion for health and business development, this project is 'her new baby'.
Mr. Babin brings expertise and an excellent record of success in national and International business development. His personal list of contacts - people that he knows and can call and talk to directly - boasts of ministers of finance, ministers of health, and owners of laboratories and pharmacies. Mr. Babin is also an expert in electronics, and has experience in employee and staff management.
Initially, the MSN-2 medical device will be distributed overseas in drugstores and via the internet. Distribution in North and South American countries will commence when all necessary regulatory issues have been settled.
In other sector related news for medicinal cannabis and legal medical marijuana market performances and developments:
Zynerba Pharmaceuticals, Inc. (NASDAQ: ZYNE) closed up on Monday at $20.77 trading over 450,000 shares by the market close. Zynerba Pharmaceuticals, a clinical-stage specialty pharmaceutical company, dedicated to the development of innovative transdermal synthetic cannabinoid treatments, on Monday announced that the company will report its fourth quarter and full-year 2016 financial results and recent operating progress on Monday, March 27, 2017. Management will host a conference call and webcast at 8:30 am ET. To participate in the call, please dial (844) 815-4960 (domestic) or (210) 229-8835 (international) and reference conference ID 84591304. A live webcast will be available on the Investor Relations page of the Company's website, http://www.zynerba.com, and a replay will be available for 30 days.
CV Sciences, Inc. (OTCQB: CVSI) closed up slightly on Monday at $0.37 by the market close. CV Sciences, Inc., a preeminent supplier and manufacturer of hemp-derived CBD oil bulk and consumer products, on Monday announced the launch of the first online education platform designed to enhance its brand education and advocacy, through Experticity. Currently over 750 consumer brands, including The North Face, Dyson, and Quiksilver, are working with Experticity to educate and tap into real-life experts (industry professionals, category opinion leaders, online influencers and passionate retail sales associates), to create a new breed of buying experience -- one that is informed, genuine and mutually beneficial for retailers and consumers. CV Sciences' education platform will cover a variety of topics pertaining to hemp, phytocannabinoids, and its industry-dominating consumer products brand, PlusCBD Oil™.
Medical Marijuana, Inc. (OTC: MJNA) closed up over 5% on Monday trading over 9.9 Million shares by the market close. Medical Marijuana, Inc., the first-ever publicly traded cannabis company in the United States , announced last week that its major investment company AXIM® Biotechnologies, Inc. (AXIM® Biotech) (OTC: AXIM) has enrolled 40 patients and commenced its Phase II clinical trial for the treatment of irritable bowel syndrome (IBS), with the company's CanChew Plus® CBD gum. The study is being conducted by Renger Witkamp, Professor and Chair in Nutrition and Pharmacology, at Wageningen University in the Netherlands.
In other Biotech leading developments and major performance for the day in Monday's trade:
Cerulean Pharma Inc. (NASDAQ: CERU) closed up over 63% on Monday at $2.49 trading over 31.6 Million shares by the market close. Cerulean is committed to improving treatment for people living with cancer. Cerulean Pharma applies its Dynamic Tumor Targeting™ platform, to create a portfolio of nanoparticle-drug conjugates (NDCs) designed to selectively attack tumor cells, reduce toxicity by sparing the body's normal cells, and enable therapeutic combinations. Cerulean's first platform-generated NDC clinical candidate, CRLX101, is in clinical trials in combination with other cancer treatments, all of which aim to unlock the power of combination therapy. Cerulean's second platform-generated NDC clinical candidate, CRLX301, is in a Phase 1/2a clinical trial.
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