ORLEANS, ON, Oct. 16, 2018 /CNW/ - October 17th, 2018 will be remembered
as one of the most significant dates in Canadian history, in our
lifetime.
While there will continue to be arguments on both sides of the
debate, the Government of Canada
has legislated that adults will have access to cannabis for
recreational use, subject to a set of guidelines that will vary
from province to province.
Tetra Bio-Pharma (TSX VENTURE: TBP) (OTCQB: TBPMF), is a
Canadian company that is a global leader in the discovery and
development of cannabis and cannabinoid-based pharmaceuticals and
is the only company in North
America to work with both Health Canada and the U.S.
Food and Drug Administration on clinical programs to produce
the rigorous scientific evidence required by these regulators as
well as by medical professionals and insurance companies. If
successful, the investigational trials will result in the
manufacture of prescription drugs containing cannabis making these
medications accessible to patients and reimbursed by private and
public drug plans. These products will be produced for global
markets including North America,
Europe, South America and the Middle East. In addition to bio-pharma Tetra
will introduce commercially available natural health products
While Tetra Bio-Pharma believes that cannabis has the potential
to be of therapeutic benefit, as yet there is no scientific,
safety, and efficacy data to support its usage. It is for this
reason that we are pursuing a pharmaceutical pathway that is
compliant with regulators, to establish the necessary clinical
evidence that forms the basis of drug approvals. Health
Canada, the United States Food and
Drug Administration, and the European Medical Authority will only
approve drugs for sale in these markets once they have successfully
gone through a formal drug review process. This process,
which can take anywhere between 6 months and two years, is how a
drug application is reviewed by scientists in the Health Products
and Food Branch (HPFB) of Health Canada as well by other
international regulating bodies and as required, outside experts,
to assess the safety, efficacy and quality of a
drug.1 Throughout the process the well-being of
patients is of paramount concern. Tetra Bio-Pharma is currently
funding five Health Canada authorized clinical trials, including
investigational trials for advanced cancer pain, a head to head
trial comparing cannabis to fentanyl in breakthrough cancer pain,
fibromyalgia, and chronic pain.
According to Dr. Guy Chamberland,
Chief Executive Officer and Chief Scientific Officer of Tetra
Bio-Pharma, "the millions of individuals who currently suffer from
painful conditions like cancer pain and fibromyalgia, or other
medical problems like insomnia, depression, anxiety may be opening
themselves up to unnecessary health risks with the use of
recreational cannabis. Our concern also extends to seniors,
children and even pets, among the most vulnerable in our society
where it may be believed that cannabis will relieve common aches
and pains."
At this point in time, and as Canadians decide how to navigate
the new frontier of widespread access to recreational cannabis,
Tetra Bio-Pharma would like to remind all Canadians that cannabis
is a drug.
- If you suffer from a health condition, do not take cannabis
without your doctors' knowledge and follow-up.
- Treatment with cannabis is complicated. Consult a health
professional or clinic with experience in treating with
cannabis.
- Be aware that dosing with cannabis is important. When you take
a Health Canada approved medication, the dose is exact. This is not
the case with medicinal and recreational cannabis and you risk
taking too much.
- Note that recreational cannabis will be different from lot to
lot, week to week and month to month. The strain and amount
that worked once, may not do so again.
- Cannabis is a drug. Like with other drugs, there can be side
effects and interactions with other medications you might be
taking. Ask a pharmacist or health professional if cannabis can
interact with your current medications.
- If you try recreational cannabis and do not feel well, seek
professional help.
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1
https://spharm-inc.com/the-drug-approval-process-in-canada-an-eguide/
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SOURCE Tetra Bio-Pharma