Cannabics Pharmaceuticals' in-vivo Tumor Inhibitory Effect Study Concludes with a Statistical Significance of p ≤ 0.016

Rhea-AI Summary

Cannabics Pharmaceuticals (OTCQB: CNBX) announced significant results from an in vivo study of its drug candidate, RCC-33, for colorectal cancer. The study demonstrated a 33% reduction in tumor volume compared to control mice, achieving statistical significance with a p-value of ≤ 0.016. This outcome is pivotal in advancing their research and development within cannabinoid-based therapies, positioning Cannabics as a leader in cancer treatment innovation. The company’s operations are based in Israel, under the license from the Ministry of Health.

Positive

• 33% reduction in tumor volume in mice from RCC-33 treatment.
• Statistical significance of p ≤ 0.016, indicating robust results.
• Advancement in cannabinoid-based medicine for cancer treatment.

Negative

• None.

TEL AVIV, Israel and BETHESDA, Maryland, Feb. 17, 2021 /PRNewswire/ -- Cannabics Pharmaceuticals Inc. (OTCQB: CNBX), a global leader in the development of cancer related cannabinoid-based medicine, further clarifies with regards to the final study results released on February 16, 2021, that said study results showing "a significant and robust inhibitory effect on tumor growth, as evidenced by a 33% reduction in tumor volume in mice exposed to RCC-33 in comparison with sham control mice," are said to have statistical significance with p ≤ 0.016.

About Cannabics Pharmaceuticals:

Cannabics Pharmaceuticals Inc. (OTCQB: CNBX) is a U.S. public company and a global leader in the development of cancer related cannabinoid-based medicine. The Company's R&D is based in Israel, where it is licensed by the Ministry of Health to conduct scientific and clinical research on cannabinoid formulations and cancer. For more information, please visit www.cannabics.com. For the latest updates on Cannabics Pharmaceuticals follow the Company on Twitter @Cannabics, Facebook @CannabicsPharmaceuticals, LinkedIn, and on Instagram @Cannabics_Pharmaceuticals.

Disclaimer:

Certain statements contained in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other U.S. Federal securities laws. Such statements include but are not limited to statements identified by words such as "believes," "expects," "anticipates," "estimates," "intends," "plans," "targets," "projects" and similar expressions. The statements in this release are based upon the current beliefs and expectations of our Company's management and are subject to significant risks and uncertainties. Actual results may differ from those outlined in the forward-looking statements. Numerous factors could cause or contribute to such differences, including, but not limited to, results of clinical trials and other studies, the challenges inherent in new product development initiatives, the effect of any competitive products, our ability to license and protect our intellectual property, our ability to raise additional capital in the future that is necessary to maintain our business, changes in government policy and regulation, potential litigation by or against us, any governmental review of our products or practices, as well as other risks discussed from time to time in our filings with the Securities and Exchange Commission including, without limitation, our latest 10-Q Report filed January 14th, 2021. We undertake no duty to update any forward-looking statement or any information contained in this press release or other public disclosures at any time. Finally, the investing public is reminded that the only announcements or information about Cannabics Pharmaceuticals Inc., which are condoned by the Company, must emanate from the Company itself and bear our name as its source.

For more information about Cannabics:
Cannabics Pharmaceuticals Inc.
Phone: +1-(877)-424-2429
info@Cannabics.com
http://www.Cannabics.com

Related Links
https://www.cannabics.com

 

 

View original content to download multimedia:http://www.prnewswire.com/news-releases/cannabics-pharmaceuticals-in-vivo-tumor-inhibitory-effect-study-concludes-with-a-statistical-significance-of-p--0-016--301230025.html

SOURCE Cannabics Pharmaceuticals Inc.

FAQ

What were the results of Cannabics Pharmaceuticals' study on RCC-33?

The study showed a 33% reduction in tumor volume in mice treated with RCC-33, with a statistical significance of p ≤ 0.016.

What is the significance of the study conducted by Cannabics Pharmaceuticals?

The study's results support the potential of RCC-33 as a cannabinoid-based treatment for colorectal cancer, indicating promising advancements in cancer therapies.

When was the final study results released by Cannabics Pharmaceuticals?

The final study results were released on February 16, 2021.

What is Cannabics Pharmaceuticals' stock symbol?

Cannabics Pharmaceuticals' stock symbol is CNBX.