Wow1 Jun 2021 10:46
Nearly ten o' clock and nobody's noticed this RNS?
This thing really is under the radar.
Tue, 1st Jun 2021 07:00
RNS Number : 3070A
Oxford Cannabinoid Tech.Holdings
01 June 2021
1 June 2021
OXFORD CANNABINOID TECHNOLOGIES HOLDINGS PLC
("OCTP" or the "Company")
Consultancy Agreement with Voisin Consulting SARL
Oxford Cannabinoid Technologies Holdings plc, a UK based pharmaceutical company focussed on developing cannabinoid-based prescription medicines approved by regulatory agencies is pleased to announce that on 28 May 2021, it entered into a new consultancy agreement with Voisin Consulting SARL (trading as Voisin Consulting Life Sciences) ("VCLS"), a consulting team with more than 200 professionals in the UK, Europe, US and India, with expertise in medical devices, cannabinoids, neurological disorders and addiction, in order to:
(1) support and develop a regulatory strategy and roadmap for the UK and the US markets as a priority and consider potential subsequent delelopment in the EU;
(2) provide a high level nonclinical gap analysis of the Company's development plan to support First Time in Humans (FTiH) clinical trials; and
(3) provide a high level review of the Company's clinical development plan in relation to FTiH studies planned in patients;
in relation to the Company's drug development of lead compound OCT461201 in the areas of post-herpetic neuralgia and visceral pain due to irritable bowel syndrome.
OCTP has previously engaged VCLS on regulatory matters relating to the development of its phytocannabinoid (an unmodified naturally occurring cannabinoid) drug candidate.
Dr John Lucas, Chief Executive Officer of OCTP, said: "we are delighted to continue to partner with Voisin Consulting Life Sciences in our quest to deliver life-changing therapies for severe pain. OCT, which recently listed on the London Stock Exchange (LSE: OCTP), wants its innovative strategy to have the necessary depth in strength and quality which is crucial to deliver a much-needed product that is both safe and efficacious. Our management team is determined to do the right thing for its patients and we believe that a consultancy firm like VCLS can provide us with best-in-class support. As a consequence of our early discussions with the VCLS team, it became clear that their expertise, knowledge, and quality meant they were the partners we were looking for."
Emmanuelle M Voisin, Founder and CEO of Voisin Consulting Life Sciences, said: "we are thrilled to be partnering with Oxford Cannabinoid Technologies at this important stage, to support it on its exciting journey to become the global leader in developing cannabinoid-based prescription medicines. I am delighted that OCTP has chosen Voisin Consulting Life Sciences to facilitate its delivery of innovative, life-changing pain medication."