InMed Pharmaceuticals (OTCQB: IMLFF) was recently featured in a Forbes article highlighting the company’s cannabinoid manufacturing system and database, which is used to map different compounds of cannabinoids to the various diseases they are able to treat. According to the article, InMed’s database appeals to other biotech companies who are now willing to purchase the information. Using its database, InMed has been able to identify two new cannabinoid therapies. Additionally, the company has created a method of biosynthesis for cannabinoids that is comparable to the system used to create synthetic insulin for diabetic patients. The company begins with the cannabinoid DNA and puts it into E-coli. The E-coli DNA is then removed, causing the cannabinoid DNA to take over. The process is expected to be available for labs by the fall of 2017.
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About InMed
InMed is a pre-clinical stage biopharmaceutical company that specializes in developing novel therapies through the research and development into the extensive pharmacology of cannabinoids coupled with innovative drug delivery systems. InMed’s proprietary bioinformatics database assessment tool, cannabinoid biosynthesis technology and drug development pipeline are the fundamental value drivers of the company. For more information, visit www.inmedpharma.com.
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