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MMJ PhytoTech Ltd To Commence Phase 1 Clinical Study Late 2015

Submitted by Marijuana News on Mon, 08/24/2015 - 16:31

Sydney, Aug 24, 2015 AEST (ABN Newswire) - MMJ PhytoTech Limited (ASX:MMJ) is pleased to announce that its subsidiary, PhytoTech Therapeutics, has received official National approval in Israel to commence a Phase I Clinical Study to assess the safety and performance of its proprietary oral capsule formulations.

Highlights

- First Clinical Study ("Study") approval for MMJ PhytoTech Limited ("MMJ" or the "Company") and key milestone in implementation of the Company’s 'Farm to Pharma' strategy

- Study to be conducted by MMJ subsidiary, PhytoTech Therapeutics and will focus on testing the safety and performance of its proprietary oral capsule formulations
- Approval received by all relevant bodies and allows Study to be conducted in Israel

- Initial stability studies have indicated an extended shelf life of the oral capsule formulation at room temperature, providing the potential to increase market share by lower product...

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URL: 
http://www.abnnewswire.net/press/en/80734/MMJ_PhytoTech_Ltd_(ASX_MMJ)_To_Commence_Phase_1_Clinical_Study_Late_2015.html

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