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An update from InnoCan Pharma ( (TSE:INNO) ) is now available.
Innocan Pharma reported a significant breakthrough with its liposomal CBD injection, LPT-CBD, in providing rapid and sustained pain relief for an elderly donkey suffering from osteoarthritis. This successful treatment highlights the potential of LPT-CBD as a non-opioid alternative for chronic pain management in both veterinary and human applications. The company’s recent pre-IND meeting with the FDA further supports its potential use for human pain management, positioning Innocan as a prominent player in innovative pain relief solutions.
More about InnoCan Pharma
Innocan Pharma is an innovator in the pharmaceutical and wellness sectors, known for developing a CBD-loaded liposome drug delivery platform aimed at non-opioid pain management. In addition to pharmaceuticals, Innocan markets a variety of self-care and beauty products through its subsidiary BI Sky Global Ltd., focusing on online sales.
YTD Price Performance: -7.35%
Average Trading Volume: 14,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $36.99M
For a thorough assessment of INNO stock, go to TipRanks’ Stock Analysis page.
