Lankapage Logo CP 19 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Creso Pharma expands medicinal cannabis product offering into Sri Lanka
Mon, Jan 7, 2019, 08:06 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 07, Colombo: Australia headquartered medical cannabis company, Creso Pharma Limited announced that will expand into Sri Lanka with its therapeutic products.

The company announced that it has signed a binding Letter of Intent with Ceyoka Health (Pvt) Ltd, one of Sri Lanka's foremost pharmaceutical distribution companies, to geographically expand the distribution of its innovative therapeutic medicinal cannabis products into Sri Lanka.

The partnership will initially focus on gaining the necessary regulatory acceptance for Creso's flag-ship medicinal cannabis product, cannAFFORD® 50, to be sold as a therapeutic product in Sri Lanka via approved channels, the company said in a media release.

cannAFFORD®50 is Creso's proprietary buccally formulated cannabidiol lozenge which is designed to support the management of chronic pain.

The partnership will look to explore a wide range of other joint initiatives firmly focused on innovative therapeutic and medicinal products containing hemp extracts which can help to improve the lives of patients.

Dr. Miri Halperin Wernli, Creso Pharma's CEO and co-founder said the company excited to partner with Ceyoka Health on the expansion of its business into Sri Lanka.

"We are really excited to partner with Ceyoka Health on the expansion of our business into Sri Lanka," Wernli said.

"In addition to their broad distribution network which accesses over 1,800 pharmacies, this is a company which is heavily focused on investing in innovation. With Ceyoka, we found an ideal fit with Creso's own philosophy and we anticipate a very long and successful collaboration."

Mr. S. Premakumar Weyhenage, Ceyoka Health's CEO said, "We're delighted to partner with Creso Pharma, a truly innovative company with a great vision for the medicinal cannabis industry. We see opportunity for many areas of collaboration with Creso Pharma and look forward to a great partnership."

Creso Pharma develops cannabis and hemp derived therapeutic, nutraceutical, and life style products with wide patient and consumer reach for human and animal health.

 

ColomboPage - Recent 10 Stories ::
Minister orders special investigation into the fire at Kalamatiya Fisheries Harbor
-- [51 minutes ago]
World Bank approves $ 310 mn loan for Sri Lanka to strengthen its climate resilience
-- [2 hours ago]
People's Bank will not be privatized - Minister of Finance Mangala Samaraweera
-- [2 hours ago]
Sri Lanka's former President Chandrika Kumaratunga awarded 2019 Common Ground Award
-- [4 hours ago]
Amnesty International expresses shock over Sri Lanka President's signing death warrants of convicted prisoners
-- [4 hours ago]
Sri Lanka to make railways an essential service
-- [5 hours ago]
Brandix, Fonterra & JKH launch FastTrack Summer Internship Programme to inspire young talent
-- [6 hours ago]
Sri Lanka President says he signed death warrants for four convicted drug traffickers
-- [6 hours ago]
Racist allegations force charity in Sri Lanka to suspend providing food for poor
-- [7 hours ago]
Agreement with Hungary to obtain Euro 52 mn financial assitance to build flyovers at Kohuwela and Getambe
-- [8 hours ago]

Copyright © 2000, 2016 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.