180 Life Sciences Corp. - ATNF STOCK NEWS

180 Life Sciences Corp. (ATNF) announced the extension of its patent portfolio with new patents granted in the US and Canada for methods treating chronic pain using specific phenyl substituted cyclohexenyl compounds related to cannabidiol (CBD). These patents complement existing protections in Europe, China, and Israel. The company is focusing on synthetic cannabidiol analogues aimed at improving pain management for patients with rheumatoid arthritis. CEO Dr. James Woody noted the potential of these compounds to address unrelieved pain in patients not responding to current therapies.

180 Life Sciences Corp. (NASDAQ: ATNF) announced that Professor Jagdeep Nanchahal will present a keynote on ‘Re-purposing anti-TNF for Dupuytren’s Disease’ at the 2021 International Dupuytren Symposium on December 1, 2021. He will discuss the molecular mechanisms of Dupuytren’s disease and share data from phase 2a and 2b clinical trials. Additionally, the company anticipates starting a frozen shoulder clinical trial in early 2022. 180 Life Sciences is focusing on innovative drug development for unmet needs in inflammatory diseases and fibrosis.

180 Life Sciences Corp. (NASDAQ: ATNF) has appointed Quan A. Vu as Chief Operating Officer/Chief Business Officer. With 20 years in biopharma, Vu has a strong track record in corporate development and negotiations, previously working with companies like Aegis Therapeutics and Sanofi. CEO Dr. James Woody expressed confidence in Vu's ability to enhance the company's drug development efforts. 180 Life Sciences focuses on innovative therapies for inflammatory diseases, leveraging expertise from renowned universities.

180 Life Sciences Corp. (NASDAQ: ATNF) announced the publication of a pre-clinical study on CBG (cannabigerol) derivatives, demonstrating their potential to treat pain, inflammation, and obesity. Conducted in collaboration with experts from Hebrew University and Oxford University, the study highlighted HUM-234's ability to prevent weight gain and improve liver health in high-fat diet mice. The findings support the therapeutic promise of CBG derivatives, with implications for addressing metabolic disorders. The report strengthens the company's position in developing non-psychoactive drugs targeting inflammation and related conditions.

180 Life Sciences (NASDAQ: ATNF) announced it received a Notice of Allowance for its patent application 16/661,769 regarding a method to reduce Post-Operative Cognitive Dysfunction (POCD). This patent comes as a result of innovative research highlighting that administration of anti-TNF antibodies before surgery may lower the risk of delirium in elderly patients post-hip surgery. There are currently no approved treatments for POCD. The company is collaborating with the University of Oxford on a randomized controlled trial to validate these findings and improve patient outcomes.

180 Life Sciences Corp. (NASDAQ: ATNF) announced a Memorandum of Understanding with Celltrion Healthcare for the supply of anti-TNF biosimilar drugs. This collaboration aims to develop anti-TNF therapies for new indications, specifically targeting unmet medical needs in early-stage Dupuytren’s disease, frozen shoulder, and post-operative cognitive deficit. CEO Dr. James Woody expressed optimism about the partnership, anticipating a binding Letter of Intent soon. 180 Life Sciences is also progressing with clinical trials for its candidates, aiming to address significant health challenges.

180 Life Sciences Corp. (NASDAQ: ATNF) announced significant progress in its operations and upcoming clinical trials in a letter from CEO Dr. James Woody. The company recently completed a $15M private placement, enhancing its financial standing to accelerate clinical programs for conditions like Dupuytren's contracture and frozen shoulder. All legacy liabilities from previous mergers have been addressed, allowing for timely financial reporting and compliance with Nasdaq. The firm also expanded its board with experienced professionals to bolster its strategic direction and execution.

180 Life Sciences Corp. (NASDAQ: ATNF) has completed a private placement of 2,500,000 shares and warrants, raising approximately $15 million. The shares were priced at $6.00 each, with warrants exercisable at $7.50. The net proceeds will support general corporate needs and R&D initiatives. Maxim Group LLC acted as the placement agent. These securities are unregistered and available only to accredited investors. The company is engaged in developing drugs for inflammatory diseases, leveraging expertise from prestigious universities.

180 Life Sciences Corp. (NASDAQ: ATNF) announced a private placement to raise approximately $15.0 million through the sale of 2,500,000 shares of common stock and accompanying warrants. The combined purchase price is $6.00 per share and warrant, with warrants exercisable at $7.50 each for five years. The closing is anticipated on August 23, 2021, pending customary conditions. Maxim Group LLC is the placement agent. The offering is aimed at accredited investors and includes registration rights for resale of the shares.