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InMed Pharmaceuticals’ Unique Approach Featured in Forbes

Ryan Allway

March 27th, 2017

News, Top News

InMed Pharmaceuticals Inc. ( CSE : IN ) ( OTCQB : IMLFF ), a preclinical biotech company focused on the development of cannabinoid therapeutics, was recently featured on Forbes.com in an article titled “InMed Pharmaceuticals Is More Than Just Another Cannabis Drug Company” that discussed the company’s innovative database that maps out various cannabinoid combinations and the various diseases that they can address.

Read the entire article here on Forbes:
https://www.forbes.com/sites/debraborchardt/2017/03/21/inmed-pharmaceuticals-is-more-than-just-another-cannabis-drug-company/#45ed235a3b22

In the article, Forbes contributor Debra Borchardt points out that the database was initially created to assist the company in their internal research, but has recently become a core asset as other biotech companies have come forward willing to pay for access. The system currently contains more than 90 different cannabinoid structures that are assessed using a bioinformatics algorithm that screens these structures against other drugs, diseases, and genetic profiles, among other key R&D relevant criteria.

The company is rapidly advancing two drug candidates through preclinical testing and is targeting clinical programs for EB, a rare genetic skin disorder, and glaucoma. Management plans to begin EB clinical trials in 2018 and follow-on with glaucoma and pain therapies. They believe that the market for EB will be over $1B per year; the current market for glaucoma drugs exceeds $6 billion per year — both significant opportunities for a company with a market capitalization of just $32 million on the OTCQB Markets listing.

Investors looking for a compelling biotech-focused opportunity within the burgeoning cannabis industry may want to take a closer look at the company as it moves closer to clinical trials and explores licensing opportunities for its cannabinoid / disease-targeting database.

For more information, visit the company’s website or CannabisFN’s company profile.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

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CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.

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