STOCK TITAN

CNBX Peer-reviewed Study: "Possible Future Therapeutic Value" for CNBX Proprietary Drug Candidate

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

CNBX Pharmaceuticals (OTCQB: CNBX) announced the peer-reviewed publication of its preclinical study titled "The Effect of Isolated Cannabinoid Extracts on Polypoid Colorectal Tissue" in the International Journal of Molecular Sciences. The study indicates a "possible future therapeutic value" for PLP-33, a proprietary drug candidate for colonic polyps. Conducted with 22 patients, the study observed a synergistic interaction of cannabinoid compounds against colonic polyps, alongside a differential toxic effect on polypoid versus healthy tissues.

Positive
  • Publication of positive preclinical study results indicates potential therapeutic benefits for PLP-33.
  • Study suggests a synergistic effect of cannabinoid extracts, enhancing the drug's credibility and potential marketability.
Negative
  • None.

REHOVOT, Israel and BETHESDA, Md., Sept. 29, 2022 /PRNewswire/ -- CNBX Pharmaceuticals Inc. (OTCQB: CNBX), a global leader in the development of cancer related cannabinoid-based medicine, announced today the peer-reviewed publication of its sponsored preclinical study titled "The Effect of Isolated Cannabinoid Extracts on Polypoid Colorectal Tissue" in the International Journal of Molecular Sciences; concluding "possible future therapeutic value" for the company's proprietary drug candidate currently under development, PLP-33, for the treatment of colonic polyps.

Study design included collection of both polypoid tissue biopsies and healthy colonic tissue biopsies from 22 patients. A synergistic interaction of cannabinoid compounds against colonic polyps was observed, as well as a differential toxic effect between polypoid tissue and healthy colonic mucosa in some of the cases, thus "suggesting possible future therapeutic value".

The present study was led by Gastroenterologists Dr. Dana Ben-Ami Shor (MD), and Dr. Erez Scapa (MD) of the Tel Aviv Sourasky Medical Center in Israel. The abstract and full text of the article titled "The Effect of Isolated Cannabinoid Extracts on Polypoid Colorectal Tissue", published on the International Journal of Molecular Sciences, can be accessed in the following link: https://www.mdpi.com/1422-0067/23/19/11366.

CNBX Pharmaceuticals is currently developing its proprietary Drug Candidate PLP-33 for the treatment of colonic polyps. This activity is conducted in collaboration with Digestix Bioscience Inc. (a CNBX Pharmaceuticals subsidiary).

About CNBX Pharmaceuticals:

CNBX 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.cnbxpharma.com. For the latest updates on CNBX Pharmaceuticals follow the Company on Twitter @cnbxpharma, Facebook @cnbxPharmaceuticals, LinkedIn, and on Instagram @CNBX_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 July 14th, 2022. 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 CNBX:

CNBX Pharmaceuticals Inc.
+1 (877) 424-2429
info@cnbxpharma.com
https://www.cnbxpharma.com

Logo - https://mma.prnewswire.com/media/1774404/CNBX_Pharmaceuticals_Logo.jpg

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/cnbx-peer-reviewed-study-possible-future-therapeutic-value-for-cnbx-proprietary-drug-candidate-301636685.html

SOURCE CNBX Pharmaceuticals Inc.

FAQ

What is the recent study published by CNBX Pharmaceuticals about?

The recent study explores the effects of isolated cannabinoid extracts on polypoid colorectal tissue, suggesting therapeutic potential for their drug candidate PLP-33.

What are the findings of CNBX's study on PLP-33?

The study indicates a synergistic interaction of cannabinoid compounds against colonic polyps and suggests a potential therapeutic value for PLP-33.

When was the CNBX Pharmaceuticals study published?

The study was published on September 29, 2022, in the International Journal of Molecular Sciences.

How many patients were involved in the CNBX study?

The study included biopsies from 22 patients with polypoid and healthy colonic tissue.

What is the significance of the recent CNBX Pharmaceuticals press release?

The press release highlights positive findings from a peer-reviewed study, enhancing the prospects for CNBX's drug candidate PLP-33.

CNBX PHARMACEUTICAL INC

OTC:CNBX

CNBX Rankings

CNBX Latest News

CNBX Stock Data

463.56k
31.11M
10.67%
Biotechnology
Healthcare
Link
United States of America
Bethesda