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InMed’s Exceptional Team Executes Ambitious Plan

Ryan Allway

March 21st, 2017

News, Top News

The cannabis plant has been used for centuries for its therapeutic benefits, but researchers have only recently started to take a commercial interest in the plant. While the drug discovery process can be a billion dollar endeavor, there are some companies working on more efficient solutions to bring safe and effective cannabinoid-based drugs to market.

In this article, we will take a closer look at InMed Pharmaceuticals Inc.’s (CSE: IN) (OTC: IMLFF) exceptional management team and the ambitious plan they’re attempting to execute within the burgeoning cannabis industry.

Exceptional Team

InMed Pharma has an exceptional management team and board of advisors with broad Healthcare and cannabinoid pharmaceutical-specific experience.

President & CEO Eric Adams is a seasoned biopharmaceutical executive with over 25 years of entrepreneurship and finance experience. Before starting InMed, Mr. Adams served as CEO of enGene Inc., which he led from a nascent start-up to becoming a venture capital-backed leader in gene therapy. He also served in senior roles at QLT Inc., Advanced Tissue Sciences Inc., Abbott Laboratories, and Fresenius AG, among other companies.

Chief Medical Officer, Dr. Ado Muhammed, MD, DPM, MFPM, was formerly the Associate Medical Director for GW Pharmaceuticals plc (NASDAQ: GWPH), the $2.8 billion cannabinoid-based pharmaceutical industry leader. During his time there, Dr. Muhammed was part of the team that developed Sativex, a cannabinoid-based drug designed to treat multiple sclerosis that has been approved in over 15 countries around the world.

Board member Martin Bott serves as Vice President of Corporate Finance and Investment Banking at Eli Lilly & Co. (NYSE: LLY), a $95 billion pharmaceutical giant responsible for drugs like Cialis and Gemzar. His experience at Eli Lilly could prove instrumental in helping the company navigate the complexities in healthcare finance and operations as it prepares for its first clinical trial of INM-750 for the treatment of Epidermolysis Bullosa.

Innovative Approach

InMed Pharma has taken a more precise approach to the drug discovery process than most competitors via its bioinformatics platform. Using extensive databases and proprietary algorithms, the technology rapidly identifies cannabinoid combinations that are likely to have an effect on specific diseases. This helps them dramatically shorten the drug discovery period and increases the likelihood of success from the onset of drug development.

Once they’ve isolated promising cannabinoid compounds, the company isolates the genes responsible for producing them and injects the genes with bacteria that act as a factory for mass producing them in a process similar to the way insulin is manufactured. The company can then combine these various compounds to create unique therapies that target specific diseases without having to worry about costly extraction from entire cannabis plants.

The company’s EB program, INM-750, is undergoing preclinical trials this year before advancing into Phase I and IIA clinical trials in 2018, Phase IIB trials in 2019, and Phase III trials in 2020. At the same time, its glaucoma program, INM-085, targets a much larger global market and will begin clinical trials over the next couple of years. These clinical trials should create numerous catalysts for the company’s stock that investors may want to keep an eye on.

Looking Ahead

InMed Pharmaceuticals Inc. (CSE: IN) (OTC: IMLFF) has an experienced management team that’s executing an ambitious plan to develop a portfolio of cannabinoid-based pharmaceuticals. Investors interested in the space may want to take a closer look at the stock as it prepares to start clinical trials targeting multi-billion dollar markets, particularly given the numerous upcoming catalysts and the exceptional team working behind the scenes.

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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