Sundial Growers and Vir Pharma Holdings have announced a three-year agreement where Sundial will supply medical cannabis oil for Vir Pharma’s unique oral formulation for chronic pain that will be used for sales and clinical studies in Australia.
"Vir Pharma’s clinical studies contribute to the development of a proprietary cannabis-based prescription drug for Therapeutic Goods Administration (TGA) approval called Virabis," the team with the company explains. "The drug is intended to treat chronic pain, providing patients with an alternative to current opioid-based treatments."
“This is a significant announcement for Sundial and our Heal (medical) business as it will lead to our first global exports and entry into Australian markets,” said Brian Harriman, Chief Operating Officer of Sundial. “We’re excited to be working with a leading company such as Vir Pharma to provide Australian patients with high-quality, cannabis-based therapies.”
Pursuant to the Agreement, Sundial will work with Vir Pharma to develop a cannabis oil blend focused on chronic pain, which will be marketed under Vir Pharma’s brand name, Virabis.
“At Vir Pharma, we believe that full spectrum cannabis medicines could be a useful second line therapy to reduce opiate consumption and enhance the lives of people living in chronic pain,” said Joel Hardy, CEO. “This agreement provides us a high-quality and consistent supply of GMP cannabis oil that allows us to guarantee a quality supply chain of materials to create products for sale in Australia and to conduct a clinical development program.”
Sundial expects to export the first shipment of cannabis oil to Vir Pharma before the end of April 2020.
For more information:
Sundial Growers
#200, 919 - 11 Avenue SW
Calgary, AB
T2R 1P3
1-844-249-6746
info@sundialgrowers.com
sndlgroup.com