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A vertically integrated cannabis company Khiron Life Sciences Corp. (TSXV:KHRN) (OTCQX:KHRNF) (Frankfurt: A2JMZC) announced Wednesday results from its first research study including 1,453 patients from Khiron-owned Zerenia Clinics. The results were officially presented at the 29th International Pain Conference in Barranquilla, Colombia, organized by ACED, the Colombian chapter of the International Association for the Study of Pain (IASP).
The Study Details
The study was entitled “Prescription patterns and clinical outcomes in a cohort of patients receiving progressive therapy with cannabinoids for medical use in Colombia.”
The aim of the study was to identify patient-reported outcome measures and experience measures of general efficacy and side effects of oral cannabinoids for the treatment of various health conditions over a twelve-month period.
The research protocol was reviewed and approved by the Scientific Institutional Committee and the Research Ethical Committee of the Universidad del Bosque, in Colombia, one of the leading institutions on medical research in the region.
Patients in the study were mainly diagnosed with chronic, non-cancer pain, (77%), followed by nausea and vomiting (8%), insomnia (6%), anxiety (5%), spasticity and depression, among other conditions. 73% of the patients were female.
The famed Benzinga Cannabis Capital Conference will gather industry insiders and investors from around the world, including Khiron Life Sciences CEO Alvaro Torres, on October 14 and 15 in New York City. Attendees can expect two full days of keynotes, panel discussions, fireside chats, networking, company presentations, celebrity appearances and an impressive lineup of the top journalists in the cannabis space.
Study results show a patient-reported positive clinic response in more than 80% of participants with only minor side-effects associated to the treatment.
Management Commentary
"Scientific research and data are key to convincing doctors and policy makers all over the world about the benefits of medical cannabis to treat conditions that are prevalent in every society and market we are targeting,” Alvaro Torres, CEO and director of Khiron stated. “After one year of compiling information and having gone through a very detailed approval process, we are very proud to share the results from this first-of-its-kind clinical study in Latin America with such a significant patient base. This is just the beginning of our ongoing research program. We are looking forward to sharing the outcomes of this first cohort study with the international medical audience through peer-reviewed, specialized publications so doctors all over the world can continue to drive prescription growth safely and responsibly.”
Price Action
Khiron’s shares were trading 4.02% lower at 21 cents per share at the time of writing Thursday morning.
Photo: Courtesy of Joel Muniz on Unsplash
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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