UWC underwood capital limited

Here's the gist, there are a few figures and further explanation...

  1. 25 Posts.
    Here's the gist, there are a few figures and further explanation in the announcement.

    MMJ PhytoTech Limited (ASX:MMJ) (the “Company”) are pleased to announce that on 11 February 2016 the Company’s Israeli subsidiary, Phytotech Therapeutics Ltd, received very successful results from its Phase 1 clinical trial (Trial) being undertaken on two medicinal cannabis (MC) oral capsule formulations licensed exclusively from Yissum, the commercialisation arm of the Hebrew University of Jerusalem.

    Phase 1 Clinical Trial Results

    The results of the Trials are extremely positive with consistent results among all 14 completers (14/15 initiating test subjects).

    The Trial yielded the following promising results;

    •   Demonstrable safety and tolerability profile with no significant side effects;

    •   Higher bioavailability of active compounds in comparison to GW Pharmaceuticals

      oromucosal spray – Sativex;

    •   Very rapid onset; and

    •   8 hours exposure time in the blood.
 
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