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CBD: a new hope in the treatment of convulsions?

CBD: a new hope in the treatment of convulsions?

Charlotte's Web, the American CBD giant partners with AJNA BioSciences to develop a drug for seizure disorders


Charlotte's Web, a leading U.S.-based seller of cannabidiol(CBD) products, has announced a collaboration with AJNA BioSciences to develop a drug to target and treat neurological disorders, particularly seizures, in children.

The drug will be developed from some of Charlotte's Web's proprietary hemp plants. The project will be led by Dr. Orrin Devinsky, a renowned US neurologist and current AJNA Chief Medical Advisor.

"As one of the first clinicians to research new cannabinoids, I'm very excited to be working on this project. I think the properties of cannabis and hemp are well suited to the FDA's new botanical drug development pathway," said Dr. Devinsky.

ANJA BioSciences is an American bio-pharmaceutical company specializing in the development of drugs for central nervous system disorders. Based in San Francisco and founded in 2019, it focuses on certain neurological and psychiatric diseases such as Alzheimer's, multiple sclerosis and Parkinson's disease.

In total, no less than $10 million is being invested by the various parties for the clinical development of the drug, which will follow a similar path to Epidiolex, the CBD-based drug approved in 2018 for the treatment of convulsions, Dravet Syndrome and Lennox-Gastaut.

An investigational drug application has been filed, and the first phase of clinical development is due to begin in 2023.

About Charlotte's Web

Founded in 2013 in the USA, Charlotte's Web is a company specializing in Cannabidiol (CBD) products. It takes its name from a CBD-rich variety of marijuana, named in honor of Charlotte Figi, a young girl with severe epilepsy who found relief from the plant.

The company focuses primarily on the production of organic hemp grown in the USA, and uses low-temperature extraction methods to preserve all the natural benefits of CBD.

It offers a wide range of products, from CBD oils to chewing gum and skin care products. Its products are renowned for their quality and purity.

In 2018, Charlotte's Web became the first CBD company to go public in the US with a successful IPO on the Toronto Stock Exchange. Since then, Charlotte's Web has grown rapidly to become the leader in the CBD industry.

In 2019, the company signed a deal with the Denver Broncos American soccer club, providing CBD-based products to help players recover faster and help them better manage their pain.

Charlotte's Web has also signed agreements with Major League Baseball (MLB), NBA and NHL teams.

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