AXIM Biotech Announces Launch of Clinical Trials on MedChew RX(TM) and Development of Pharmaceutical-Grade Cannabis Chewing Gum

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Global Industrial Hemp Bioscience Company Announces Clinical Trials at Free University of Amsterdam, The Netherlands

 

SAN DIEGO, Aug. 11, 2015 (GLOBE NEWSWIRE) -- AXIM Biotechnologies, Inc. (OTC:AXIM) is a unique biotechnology corporation with a focus on global research, development and production of pharmaceutical, nutraceutical, food and cosmetic products – all derived from industrial hemp. AXIM Biotech is pleased to announce that the Company has started clinical development of its leading patented pharmaceutical chewing gum, MedChew RX™, for registration as a drug for patients suffering from pain and/or spasticity associated with multiple sclerosis (MS).

Once approved by the FDA (Food and Drug Administration) and EMA (European Medicines Agency), MedChew RX – formulated with 5 mg of cannabidiol (CBD) and 5 mg of tetrahydrocannabinol (THC) – will be marketed as a pharmaceutical drug for multiple sclerosis (MS).

Traditional cannabinoid delivery methods such as smoking, oral / GI route with reduced...

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http://money.cnn.com/news/newsfeeds/articles/globenewswire/10145580.htm