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MyDx Inc. (OTCMKTS:MYDX) Initiates Clinical Trial of Cannabis Formula for The Treatment of Chronic Low Back Pain

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MyDx Inc

San Diego, CA based MyDx Inc. (OTCMKTS:MYDX) has announced the controlled trial of the cannabis formula for the treatment of chronic back pain. According to a note issued by the company, the clinical trial will be conducted in Israel on patients suffering from chronic back pain using the proprietary formula derived from over 50,000 crowd sourced and preclinical physiological data-points.

The Chief Executive Officer at MyDx Inc., Mr. Daniel Yazbek said it has data that provides an insight into the working of Cannabis on a selected user base. The company is now using those findings in the pharmaceutical formula to confirm its effectiveness on curing low back pain. The study will also focus on the impact of the pharmaceutical formula on secondary indications like anxiety, depression and sleep.

MyDx Inc Submits Application for Medical Device Designation of EcoSmartPen and CannaDx In Canada

MyDx has announced the submission of an application for medical designation of its CannaDx handheld tester as well as EcoSmartPen. The handheld chemical analyzer MyDx is used to identify the effectiveness of chemical properties of Cannabis in treating the ailments and how the users feel. The device is designed for the retail consumers and medical professionals to prevent the abuse of cannabis and promote the utilization for the treatment of ailments and seeking the medical designation to promote its use in Canada.

The company is confident of getting approval for the devices and aiming to help the consumers in tracking the benefits of crowdsourced herbal remedies to treat various ailments.

Affordability of MyDx Products Countrywide

LOBLAWS COS LTD (OTCMKTS:LBLCF)’s has decided to Extend the coverage of medical marijuana for its over 45,000 employees, who are covered under the policies of Great-West Lifeco Inc (TSE:GWO) and Manulife Financial Corporation (USA) (NYSE:MFC), in Canada.

The medical designation of MyDx devices allows the employees to get reimbursement from insurance companies on the purchase of MyDx medical devices. Therefore, it significantly reduces the price of MyDx handheld devices. It is a win-win situation for MyDx Inc.

A brief info about MyDx Inc

The San Diego, California based chemical detection/ sensor technology company, MyDx Inc., is aiming help people to identify effects of what they put in their body and prevent the abuse. The handheld devices developed by the company helps the consumers to chemicals in water, pesticides in food and toxins in the air and take precautions to safeguard their health.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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