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Cannabics Pharmaceuticals Inc (OTCMKTS:CNBX) Finalizes A Collaboration Deal With SIMFO GmbH

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Cannabics Pharmaceuticals Inc (OTCMKTS:CNBX) has executed a collaboration deal with SIMFO GmbH, a world pioneer in cancer diagnostics and liquid biopsies based in Germany. Under the deal, the company shall be the exclusive international provider unit of SIMFO’s CTC diagnostics to people suffering with cancer and treated with natural Hemps. The diagnostics comprise a count of circulating tumor cells and drug sensitivity tests of distinct cannabinoids.

These tests are accessible to cancer patients who transmit blood samples and get supportive data for their doctors to optimize and personally plan their cannabinoid treatment.

The details

SIMFO has already started preclinical trials on Hemp antitumor activity and drug development using Cannabics Pharmaceuticals’ cannabinoid formulations. Dr. Eyal Ballan, the CTO and Co-founder, mentioned that they are privileged to work together with SIMFO’s reputed scientists and physicians. They consider their collaboration will pave the way for effective natural anticancer therapy.

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SIMFO GmbH mark as a R&D facility that has attained medical prominence expertise in tailored medicine. It focuses mainly on the development of state-of-the-art analysis techniques in oncological diagnostics to enhance patient-specific therapy. SIMFO GmbH advances foreign clients and collaborative associates. Blood samples from over 40 nations across the world have now been obtained at the Transfusion Medicine Center.

Cannabics Pharmaceuticals lists as a U.S based public firm. It is dedicated to the advancement of Personalized Anti-Cancer and Palliative therapies. Moreover, its R&D facility is concentrated in Israel, where it is certified by the Ministry of Health for its activities in scientific and clinical research. Cannabics wants to make the most of therapeutic benefits of Cannabinoid formulations and diagnostics.

In the last trading session, the stock price of Cannabis jumped more than 10% to close the week at $1.08. The gains came at a share volume of 380,880 compared to average share volume of 463,938.

Pushing the barriers for global distribution, Phoenix Life Science International (PLSI) is the next cannabis play. Just think Canopy x 100, that is how big their plantation in the tropics will be. No lights, no green houses, just maximum growth + minimal cost = home run. Learn More Now!

   

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