CBDBuzzz.com
  • Home
  • News
  • Culture
  • Science
  • Health
  • Videos
  • Shop
No Result
View All Result
CBDBuzzz.com
  • Home
  • News
  • Culture
  • Science
  • Health
  • Videos
  • Shop
No Result
View All Result
CBDBuzzz.com
No Result
View All Result

RAMM Pharma Announces Approval and Registration of Epifractán™ 2 Percent by Peru’s Ministry of Health

July 16, 2020
in Science
Reading Time: 5 mins read
A A
RAMM Pharma Announces Approval and Registration of Epifractán™ 5 Percent by Peru’s Ministry of Health and Enters Distribution Agreement to Supply Pharmacies in Peru
399
SHARES
2.3k
VIEWS
ShareShareShareShareShare

RAMM Pharma is pleased to announce that the Company’s Epifractán™ 2% formulation has been approved and registered by Peru’s Ministry of Health for sale in pharmacies throughout the country.

RAMM Pharma Corp. (including its wholly owned subsidiaries, the “Company” or “RAMM”) (CSE:RAMM), a leader in plant-derived cannabinoid pharmaceutical products, is pleased to announce that the Company’s Epifractán™ 2% formulation has been approved and registered by Peru’s Ministry of Health (Ministerio de Salud or “MINSA”) for sale in pharmacies throughout the country for various indications as prescribed by a medical doctor. Epifractán™ (cannabidiol) oral solution is a pharmaceutical formulation of highly-purified, plant-derived cannabidiol, formulated and manufactured at the Company’s state-of-the-art GMP certified facility. Along with Epifractán™ 5%, Epifractán™ 2% will be distributed throughout Peru by CannFarm Peru S.A.C. pursuant to the Company’s previously announced supply agreement.

“As we continue the rigorous registration process in other jurisdictions, we commend our team and products for meeting the high standards set by these regulatory authorities,” stated Jack Burnett, Chief Executive Officer.

About the Peruvian Market

Cannabis oil was legalized for medicinal use in Peru in 2017 following significant awareness campaigns by parents of children suffering from epilepsy. Peru has the fourth largest population in South America with a population of approximately 33 million people. The economy of Peru is the 48th largest in the world with an annual GDP of $308 billion (2019), and an income level classified as upper middle by the World Bank. Health care spending in Peru totalled $12.5 billion in 2018 and has been increasing steadily over the past decade. Peru imports approximately $1.2 billion in pharmaceutical products annually.

About Epifractán™
In 2017, Epifractán™ became the first plant-derived cannabinoid pharmaceutical drug to be approved by a federal health authority, the Uruguayan Ministry of Public Health (Ministerio de Salúd Publica) as a treatment for refractory epilepsy. The pharmaceutical product is sold commercially in 2% and 5% cannabidiol (CBD) concentrations.

About RAMM Pharma Corp.
Led by renowned cannabis industry experts and backed by successful pioneers in the cannabis sector, RAMM is a leader in the field of cannabinoid pharmacology and product formulation for cannabis-based pharmaceuticals and other cannabis-based products. Founded in 1988 in Montevideo, Uruguay, the Company is a well established pharmaceutical and medical product business that has developed medically registered and approved plant-derived cannabinoid pharmaceutical products. The Company currently has multiple approved and registered products that have been authorized for sale in Uruguay and Peru, as well as being used under the compassionate use frameworks in several other Latin American countries. RAMM has a pipeline of new products in various stages of approval and development which are produced in the Company’s state of the art Good Manufacturing Practice (GMP) certified cannabis formulation facility. Further to its industry leading activities in the cannabis sector, the Company operates a successful pharmaceutical, cosmetic and nutraceutical product development and medical services business which has been servicing the local market for 30 years.

RAMM Pharma Corp. includes wholly owned subsidiaries Medic Plast SA, Yurelan SA, Glediser SA and Ramm Pharma Holdings Corp.

Additional information about the Company is available at www.rammpharma.com.

For further information, please contact:

Guillermo Delmonte
Chief Operating Officer
+598 92 223 131
info@rammpharma.com

Cautionary Note Regarding Forward-Looking Information

This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward looking statements relate, among other things, the Company’s strategies and objectives, and future expansion plans.

These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: efficacy of the Company’s new product offerings; the expected timelines associated with the production, roll-out and availability of the Company’s new products; the ability to meet increased demand for the Company’s products, changes in prices of required commodities; the impact of COVID-19 on the Company’s workforce, suppliers, partners, customers, and other essential resources and what effect those impacts, if they occur, would have on the Company’s business and operations; future growth potential of the Company; fluctuations in general macroeconomic conditions; fluctuations in securities markets; expectations regarding the size of the Uruguayan, Latin American, and international medical and recreational cannabis markets and changing consumer habits; the ability of the Company to successfully achieve its business objectives; plans for expansion; political and social uncertainties; inability to obtain adequate insurance to cover risks and hazards; and the presence of laws and regulations that may impose restrictions on cultivation, production, distribution and sale of cannabis and cannabis related products in Uruguay or internationally; and employee relations. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. The Company assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Source


Pharmaceutical 2020 Market Outlook Cover

Should you invest in the 2020 pharmaceutical market?

Read our FREE outlook report!

 

Credit: Source link

Share160Tweet100SendShare28Pin36
Previous Post

Study Suggests More Chronic Pain Patients Are Turning to Cannabis

Next Post

CBD may help avert lung destruction in COVID-19

Related Posts

How to Debunk Alleged Cannabis Harms ?
Science

How to Debunk Alleged Cannabis Harms ?

February 6, 2023
Trump says Harris ‘lied’ when questioned on cannabis (Newsletter: August 13, 2020)
Science

Schumer hosts cannabis meeting with other lawmakers (Newsletter: February 2, 2023)

February 2, 2023
Aurora Cannabis Inc. (TSE:ACB) Receives Average Recommendation of “Hold” from Analysts
Science

Aurora Cannabis (ACB) Scheduled to Post Quarterly Earnings on Thursday

February 2, 2023
The White House Is Reviewing CBD And Marijuana Research Guidance From FDA
Science

What New Federal Cosmetics Rules Mean For Products Made With CBD And Other Cannabis Derivatives (Op-Ed)

February 1, 2023
Load More
Next Post
CBD may help avert lung destruction in COVID-19

CBD may help avert lung destruction in COVID-19

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Updates

The stoner’s guide to a lit Super Bowl Sunday

The stoner’s guide to a lit Super Bowl Sunday

February 7, 2023
Tripping with your significant other: Healing with psychedelic couples therapy

Tripping with your significant other: Healing with psychedelic couples therapy

February 7, 2023
Legislation To Launch Adult-Use Sales in Maryland Unveiled

Legislation To Launch Adult-Use Sales in Maryland Unveiled

February 7, 2023
Phil Hanley Is Taking It Easy

Phil Hanley Is Taking It Easy

February 7, 2023
Federal Judge Rules Gun Ban for Weed Smokers Unconstitutional

Federal Judge Rules Gun Ban for Weed Smokers Unconstitutional

February 7, 2023
CBDBuzzz.com

This is an online news portal that aims to share latest news about "News, Culture, Science, Health, Shop" and much more stuff like that. Feel free to get in touch with us!

Recent News

The stoner’s guide to a lit Super Bowl Sunday

The stoner’s guide to a lit Super Bowl Sunday

February 7, 2023
Tripping with your significant other: Healing with psychedelic couples therapy

Tripping with your significant other: Healing with psychedelic couples therapy

February 7, 2023

Subscribe Now

Loading
  • Contact Us
  • Privacy Policy

© 2020 matans3.sg-host.com - All rights reserved!

No Result
View All Result
  • Home
  • News
  • Culture
  • Science
  • Health
  • Videos
  • Shop

© 2020 matans3.sg-host.com - All rights reserved!