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Home 🌿 Cannabis Technology News 🌿 PhytoTech Medical Limited and MMJ Bioscience on Track for Revenues in July 🌿PhytoTech Medical Limited and MMJ Bioscience on Track for Revenues in July
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The subscription service is currently unavailable. Please try again later.Perth, May 28, 2015 AEST (ABN Newswire) - PhytoTech Medical Limited (ASX:PYL) ("PYL" or the "Company") is pleased to announce that production of MMJ Bioscience Limited's ("MMJ") proprietary, Good Manufacturing Practice ("GMP") produced cannabidiol ("CBD") capsules commenced in Switzerland on 25 May 2015.
Highlights:
- Production of MMJ's GMP-produced CBD food supplement capsules commenced 25 May 2015 - Capsules to be branded and sold as SativolTM
- SativolTM will be the first product launched by Satipharm (an MMJ subsidiary) under exclusive development alliance with Swiss partners Ai Fame gmbH and Gelpell AG
- Highly concentrated formulation derived from superior extraction processes, which result in pharmaceutical-grade quality ingredients
- Proprietary delivery technology, competitive pricing and sustainable supply to lead to strong demand in the E.U.
- Roll out of SativolTM is on schedule and expected to be available for distribution in late June 2015
- Project...
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