Ceapro Inc., a growth-stage biotechnology company focused on the development and commercialization of active ingredients for healthcare and cosmetic industries, announced it has received special authorization from Health Canada to initiate a research program entitled “Impregnation of Water-Soluble Biopolymers with Cannabis Extracts Using the Pressurized Gas eXpanded (PGX) Technology and Formulation of Solid Cannabinoid Delivery Systems: Oral Thin Films and Transdermal Patches.”
Formulation studies will be conducted at Ceapro’s premises in Edmonton while bioavailability and pharmacokinetics studies will be performed by a Montreal-based licensed partner.
“This is a significant moment in Ceapro’s history. We have been working for the last three years on the development of unique delivery systems using our disruptive PGX technology for multiple applications,” commented Gilles Gagnon, M.Sc., MBA, President and CEO of Ceapro. “Today, given the growing body of evidence that the potential for cannabis lies with its medicinal properties and given that the low oral bioavailability of cannabinoids has prompted the development of various methods of administration, we are confident that our unique PGX technology might be a solution to overcome absorption limitations or improve current marketed formulations. By utilizing our PGX technology, we believe we will be able to create a formulation that brings cannabis in a ‘faster to the blood the better’ way with the lowest dose that will provide the most benefits to the patients, as well as offer the best side effect profile.”