Tilray Imports Medical Cannabis to USA to Assist Research on Breast Cancer Related Disorder

Tilray Inc (NASDAQ: TLRY) announced this morning that it has successfully imported medical cannabis from Canada to the United States. The cannabis was imported in support of a clinical trial related to that of breast cancer research.

Specifically, the study is researching the impact that medical cannabis has on individuals that have breast cancer while also suffering from taxane-induced peripheral neuropathy (TIPN). Patients that have TIPN are typically not able to utilize chemotherapy to treat breast cancer to the same extent that those without the disorder are.

Within the study, a randomized group of patients suffering from TIPN will be given a twice daily dosage of active cannabinoids in the form of THC and CBD for eight weeks, while a control group will be given a placebo. It is unclear as to what form of delivery will be used for the cannabinoids within the study.

We’re excited to support this groundbreaking, first-of-its-kind trial seeking to find a new treatment option for TIPN. Tilray is committed to advancing cannabis research through its support of clinical trials around the world as we continue to enhance our understanding of the potential benefits of medical cannabis.

Philippe Lucas, Tilray’s Vice President of Global Patient Research and Access

There are currently no effective treatments for TIPN on the markets, a disorder which effects approximately 67% of women underoing breast cancer treatment. However, early studies conducted on mice with medical cannabis provided positive results in the treatment of TIPN. The research that Tilray is involved within is the first human trial of utilizing medical cannabis to treat the disorder.

Tilray closed yesterday’s session at $22.63 on the Nasdaq.


Information for this briefing was found via Sedar and Tilray. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Baselode Energy To Acquire Forum Energy: The Merger Of Equals Deal

TriStar Gold: The Revised Castelo de Sonhos Prefeasibility Study

Gold is Up 30%, But the Real Bull Market is Only Starting Now! | Adrian Day

Recommended

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Goliath Resources Expands 2025 Drill Program To 60,000 Metres

Related News

BofA Terminates Coverage On Tilray, Aurora Cannabis

On November 18th, Bank of America terminated coverage on Tilray Inc (TSX: TLRY) and Aurora...

Friday, November 19, 2021, 11:47:00 AM

Tilray Reports FY2021 Results: US$513.1 Million In Revenue, US$336.0 Million Net Loss

Tilray Inc. (TSX: TLRY) released yesterday morning its full-year financial results for the 2021 fiscal...

Thursday, July 29, 2021, 07:01:00 AM

Tilray Cuts Guidance As Losses Widen In Q3

Tilray Brands (TSX: TLRY) has seen its revenue decline on a sequential basis for the...

Tuesday, April 9, 2024, 09:07:08 AM

Tilray To Conduct $250 Million ATM Financing To Fund Acquisitions

Tilray Brands (TSX: TLRY) is aiming to take as much money out of the market...

Friday, May 17, 2024, 08:33:22 AM

Tilray Sees Cannabis Revenues Fall 16.6% In Second Quarter 2022

Tilray Inc (TSX: TLRY) this morning reported its fiscal second quarter results for the period...

Monday, January 10, 2022, 09:27:53 AM