BURLINGTON, Ontario–()–Rapid Dose Therapeutics Corp. (“RDT” or the “Company”) (CSE: DOSE), a Canadian biotechnology firm revolutionizing drug supply by innovation, has accomplished a vital cargo of 1 million QuickStrip™ models to one in every of Canada’s largest hashish firms.

Three distinctive formulations – 10mg THC, 20mg CBD and 20mg 1:1 ratio THC & CBD – had been developed by RDT to be used by medical hashish sufferers following strictly managed normal working procedures and post-production testing necessities.

The adoption of the QuickStrip™ as a viable drug supply methodology has confirmed and validated the expertise as an efficient needle free COVID-19 vaccine candidate.

“This significant order provided the opportunity for our RDT team to further streamline and perfect our manufacturing process, which will become increasingly relevant as we scale up for larger cannabis and nutraceutical production needs,” mentioned Mark Upsdell, CEO, Rapid Dose Therapeutics. “This manufacturing and operational excellence is also ideally suited to support the research expansion of our oral vaccine candidate for COVID-19 as we get closer to starting human trials where production volume will be key.”

About Rapid Dose Therapeutics Corp.

Rapid Dose Therapeutics is a Canadian biotechnology firm revolutionizing drug supply by innovation. The Company’s flagship product QuickStrip™ is a skinny, orally dissolvable movie, that may be infused with an infinite checklist of lively substances (nutraceuticals, prescribed drugs, vaccines, hashish) which can be delivered rapidly into the bloodstream leading to fast onset of the lively ingredient.

www.rapid-dose.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:

Certain data on this information launch could include forward-looking data throughout the that means of relevant securities legal guidelines. Any statements which can be contained on this information launch that aren’t statements of historic reality could also be deemed to be forward-looking statements. Forward-looking statements are sometimes recognized by phrases corresponding to “may”, “should”, “anticipate”, “expect”, “potential”, “believe”, “intend”, “will”, “could”, “are planned to”, “are expected to” or the detrimental of those phrases and comparable expressions. Statements containing forward-looking data, together with, with out limitation, in respect of the supply of apparatus and merchandise utilizing the QuickStrip™ product supply methodology, the era of recurring revenues, as on the date of this information launch, the plans, estimates, forecasts, projections, expectations or beliefs of RDT administration as to future occasions or outcomes and are believed to be cheap primarily based on data at the moment out there to RDT administration. Forward-looking statements essentially contain identified and unknown dangers, together with, with out limitation, dangers related to normal financial circumstances; adversarial business occasions; advertising prices; lack of markets; termination of WLM agreements; future legislative and regulatory developments involving hashish; lack of ability to entry ample capital from inside and exterior sources, and/or lack of ability to entry ample capital on beneficial phrases; the hashish business in Canada typically, earnings tax and regulatory issues; the flexibility to implement its enterprise methods; competitors; forex and rate of interest fluctuations and different dangers. Readers are cautioned that the foregoing checklist will not be exhaustive. There may be no assurance that statements of forward-looking data, though thought-about cheap by RDT administration on the time of preparation, will show to be correct as there may be no assurance that the plans, intentions or expectations upon which they’re primarily based will happen. Actual outcomes and future occasions might differ materially from these anticipated in such forward-looking statements. Readers shouldn’t place undue reliance on forward-looking statements. Forward-looking statements contained on this information launch are expressly certified by this cautionary assertion.

Source link