NeutriSci Announces a Major R&D MOU With Scientus Pharma to Develop a Medical Cannabinoid Retail Product
08 Janeiro 2018 - 11:30AM
NeutriSci International Inc. (the "Company" or "NeutriSci")
(TSX-V:NU) (OTCQB:NRXCF) (FRANKFURT:1N9), the innovator and pioneer
behind neuenergy®, is pleased to announce it has entered into a
major R&D Memorandum of Understanding with Scientus Pharma Inc.
("Scientus Pharma"). Under the terms of the MOU, both companies
have agreed to share their technologies to develop, test, produce,
and distribute a medical cannabinoid product for existing retail
distribution networks across Canada.
The core ingredients in NeutriSci’s products have significant
anti-oxidant properties and health benefits. Scientus Pharma will
conduct research on NeutriSci’s products and their components in
combination with various cannabinoids. Research activities will
initially be funded by NeutriSci. Both companies will have rights
for further product development and testing, including potentially
preclinical and clinical trials, which may be co-funded.
NeutriSci President Mr. Glen
Rehman stated, "This Scientus Pharma partnership helps
position us at the forefront of developing new and innovative
cannabinoid based medical products in Canada. Scientus Pharma,
along with its existing partnerships, is sure to be a dominant
player in the cannabis space in Canada. Through a collaborative
effort, we will incorporate NeutriSci’s IP, technology and
ingredients with Scientus’ expertise, proprietary technical
know-how, and resources. By leveraging both parties existing
partnerships, we will be positioned to offer the national retail
consumer a safe, effective, dose controlled product that completes
our ‘plant to blood stream’ strategy.”
“NeutriSci brings a wealth of retail
distribution and consumer branding expertise,” said Scientus
Chairman Mr. Har Grover. “They have had success innovating with
neuenergy and the brand has good presence in several health and
wellness settings. Pterostilbene and related compounds present
interesting targets for further research and we are looking forward
to this collaboration.”
About Scientus PharmaHydrx Farms Ltd. O/A
Scientus Pharma is a vertically-integrated biopharmaceutical
Licensed Dealer under the Narcotics Control Regulations promulgated
under the Controlled Drugs and Substances Act (Canada) with a focus
on developing and commercializing pharmaceutical-grade medicinal
cannabinoid derivative products. Being one of a limited number of
Licensed Dealers in Canada authorized to handle cannabinoid
products, Scientus Pharma has the ability to wholesale, buy,
process and sell cannabinoid derivatives from and to Licensed
Producers, as well as international markets. The company recently
received its Access to Cannabis for Medical Purposes Regulations
(“ACMPR”) license from Health Canada.www.scientuspharma.com
About NeutriSci International Inc.NeutriSci
specializes in the innovation, production and formulation of
nutraceutical products. Established in 2009, NeutriSci is currently
focussed on increasing the size of its existing national retail
network in Canada by building sustainable sales models with
Convenience, Chain Drug, Mass Market and Supermarket retailers for
neuenergy® and new novel ingredients for product distribution. It
also continues to develop emerging sales channels in the US, Europe
and Asia. www.neutrisci.com
On Behalf of the Board of Directors ofNEUTRISCI INTERNATIONAL
INC.
Glen RehmanCEO & PresidentTel: (403)
264-6320Email: grehman@neutrisci.com
Neuenergy® contains a unique patented
combination of blueberries (pterostilbene) and naturally derived
caffeine, and is a revolutionary energy tab designed to deliver
enhanced focus and mental clarity with no sugar, no calories and no
crash associated with typical energy products. To find out more
about neuenergy®, please visit www.getneuenergy.com.
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accuracy of this release.
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statements within, other than statements of historical fact, are to
be considered forward looking. Although the Company believes
the expectations expressed in such forward-looking statements are
based on reasonable assumptions, such statements are not guarantees
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materially from those in forward-looking statements. Factors
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Products or ingredients are not intended to diagnose, treat, cure
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