There are still significant unmet needs for orally available, relatively safe anti-inflammatory drugs, especially with some analgesic properties. Cannabinoids fulfil these properties, especially those which do not, like cannabidiol, have psychotropic properties. CannBioRex plans to apply the complementary scientific skills of teams based at the Kennedy Institute at Oxford (Prof Sir Marc Feldmann, Prof Richard Williams and Prof Chas Bountra) and the Hebrew University of Jerusalem (Prof Raphael Mechoulam and Prof Ruth Gallily) to develop novel synthetic orally available and patentable medications to primarily treat arthritis and pain. Post-company development will focus on encompassing further indications such as multiple sclerosis, diabetes, obesity and fatty liver. There is a long track record of expertise in these centres in studying these diseases and in generating and testing therapeutics especially cannabinoids. The team is able to lead the research from the generation purification and manufacture of new cannabinoids (Prof Raphael Mechoulam), evaluating and prioritizing them (Prof Ruth Gallily), testing them in animal models (Prof Richard Williams) and planning their clinical evaluation inpatients (Prof Marc Feldmann and Prof Chas Bountra). CannBioRex’s team has worked together from the late ‘90s, and has published a series of papers in this field.
Cannabinoid receptors are prevalent in the cardiovascular system, bone marrow, immune organs and the lymph system. In this way they can act as possible mediators to a variety of inflammatory conditions such as immune inflammation (MS and arthritis), brain inflammation (migraines, epilepsy, autism) and general muscle inflammation.7 Resultantly, cannabinoids are an important way in which the human body can maintain balance and regulate negative medical conditions occurring across numerous organs and systems. CBD is an indispensable catalyst for optimal health through homeostasis; balance in the body.
Both the endocannabinoid system and the two naturally-occurring cannabinoids in the human body (2AG and Anandamide) were discovered by CannBioRex’s co-founder Prof Raph Mechoulam’s extensive research across 50 years of isolating and synthesizing cannabis related compounds.
The Company holds worldwide exclusive licenses for three patents from Yissum Research Development Company of Hebrew University. These licenses are the basis of Prof Raphael Mechoulam (Co-Founder of the Company), Prof Ruth Gallily and their team at The Hebrew University of Jerusalem. These patents are based on novel synthetic cannabinoids for uses in the Company’s target indications.
The market for treating osteoarthritis was worth $7.96B USD in 2017, and is expected to rise to $11.62B USD in 2025 at a CAGR of 4.8%. Sales would dramatically augment with effective drugs.
The market for treating chronic pain was worth $69.3B USD in 2017, and is expected to rise to $106.99B USD in 2024 at a CAGR of 6.4%.