Country for PR: United States
Contributor: PR Newswire New York
Monday, November 11 2019 - 08:00
AsiaNet
Spectrum Therapeutics Partners with Emerald Clinics on Real World Evidence Research
VICTORIA, Australia, Nov. 11, 2019 /PRNewswire-AsiaNet/--

Spectrum Therapeutics ("Spectrum"), the medical division of Canopy Growth 
Corporation (Canopy Growth), is pleased to announce an Australian first for the 
company. Spectrum has partnered with Emerald Clinics Australia (Emerald 
Clinics) to collect real world data on the safety and effectiveness of Spectrum 
Therapeutics' medical cannabis products. 

Photo - https://mma.prnewswire.com/media/1026279/spectrum.jpg 

Under the terms of the agreement, following ethics approval, Emerald Clinics 
will collect clinical outcome data for up to 500 patients[1] prescribed 
Spectrum Therapeutics products in Australia throughout the course of their 
treatment. The study, which will take place over the next 12 months, will 
enable Spectrum Therapeutics to better understand the safety and effectiveness 
of its products when used in a supervised and regulated clinical setting.

"Spectrum Therapeutics is committed to investing in ongoing local research, 
while making sure that quality and regulated supply of medical cannabis is 
accessible to patients in Australia, and this project will allow us to do 
both," says Dr Christina Xinos, Medical Director at Spectrum Therapeutics. 
"This partnership allows us to work with Emerald Clinic's innovative care model 
which ensures that patients receive extensive follow up and support throughout 
their treatment while collecting real world data which will complement the 
robust clinical trials required to get our products registered with the 
Therapeutic Goods Administration."

"Australia's regulatory system enables the collection of high quality data due 
to the stringent product quality controls in place, and along with the 
requirement for detailed monitoring plans, this allows us to work towards a 
more evidence based approach to prescribing cannabinoid medicines," says Dr 
Alistair Vickery, Principal Investigator and Medical Director at Emerald 
Clinics. 

Spectrum Therapeutics' research program is committed to furthering the science 
of cannabis through clinical trials and real world evidence approaches, with a 
focus on conditions with high unmet medical needs, particularly around the 
areas of chronic pain, anxiety disorders and insomnia. Today's announcement is 
the first in a series of research initiatives that Spectrum Therapeutics is 
delivering locally, aligned with its commitment to invest in ongoing global 
research, including: 

    - 24 therapeutic trials planned and ongoing; 
    - 26 third party preclinical and clinical studies planned and ongoing; 
    - 1000+ patients participating in human health clinical trials; and 
    - A unique global pharmacovigilance programme 

Here's to Future Growth (informed by real world outcomes).

About Emerald Clinics

Emerald Clinics is a healthcare technology and services company incorporated in 
March 2018 whose mission is to improve lives, by learning from the experience 
of every patient that is treated with a cannabinoid medicine. Our team includes 
specialist physicians, experienced General Practitioners and clinical trials 
experts to deliver best-practice care for patients who have exhausted 
conventional therapies in Australia through our clinics in Sydney, Melbourne, 
Perth and Northern NSW.

About Canopy Growth Corporation

Canopy Growth (TSX: WEED, NYSE: CGC) is a world-leading diversified cannabis, 
hemp and cannabis device company, offering distinct brands and curated cannabis 
varieties in dried, oil and Softgel capsule forms, as well as medical devices 
through the Company's subsidiary, Storz & Bickel GMbH & Co. KG. From product 
and process innovation to market execution, Canopy Growth is driven by a 
passion for leadership and a commitment to building a world-class cannabis 
company one product, site and country at a time. The Company has operations in 
over a dozen countries across five continents. The Company's medical division, 
Spectrum Therapeutics, is proudly dedicated to educating healthcare 
practitioners, conducting robust clinical research, and furthering the public's 
understanding of cannabis, and has devoted millions of dollars toward cutting 
edge, commercialisable research and IP development. Spectrum Therapeutics sells 
a range of full-spectrum products using its colour-coded classification 
Spectrum system as well as single cannabinoid Dronabinol under the brand 
Bionorica Ethics. The Company operates retail stores across Canada under its 
award-winning Tweed and Tokyo Smoke banners. Tweed is a globally recognised 
cannabis brand which has built a large and loyal following by focusing on 
quality products and meaningful customer relationships. From our historic 
public listing on the Toronto Stock Exchange and New York Stock Exchange to our 
continued international expansion, pride in advancing shareholder value through 
leadership is engrained in all we do at Canopy Growth. Canopy Growth has 
established partnerships with leading sector names including cannabis icons 
Snoop Dogg and Seth Rogen, breeding legends DNA Genetics and Green House Seeds, 
and Fortune 500 alcohol leader Constellation Brands, to name but a few. Canopy 
Growth operates eleven licensed cannabis production sites with over 4.7 million 
square feet of production capacity, including over one million square feet of 
GMP certified production space. For more information visit www.canopygrowth.com

About Spectrum Therapeutics

Spectrum Therapeutics, the medical division of Canopy Growth Corporation (TSX: 
WEED, NYSE: CGC), is dedicated to educating healthcare practitioners, 
furthering the public's understanding of medical cannabis and its various 
applications, and cutting edge, commercialisable research and IP development. 
Founded in Canada, Spectrum Therapeutics operates in Australia, South America, 
Africa and across Europe. Its products are available in a wide range of 
potencies and formats designed to simplify the dialogue around strength and 
dosage by applying a colour-coded spectrum to categorise medical cannabis 
according to THC and CBD levels. 

Spectrum Therapeutics' offerings include whole flower cannabis, oils and new 
innovations such as Softgels in addition to single cannabinoid medicine 
Dronabinol under the brand Bionorica Ethics. Through product simplification, 
robust clinical research and ongoing education of healthcare professionals, 
Spectrum Therapeutics is committed to addressing the unmet medical needs of 
patients around the globe.

Notice Regarding Forward Looking Statements

This news release contains "forward-looking statements" within the meaning of 
the United States Private Securities Litigation Reform Act of 1995 and 
"forward-looking information" within the meaning of applicable Canadian 
securities legislation. Often, but not always, forward-looking statements and 
information can be identified by the use of words such as "plans", "expects" or 
"does not expect", "is expected", "estimates", "intends", "anticipates" or 
"does not anticipate", or "believes", or variations of such words and phrases 
or state that certain actions, events or results "may", "could", "would", 
"might" or "will" be taken, occur or be achieved. Forward-looking statements or 
information involve known and unknown risks, uncertainties and other factors 
which may cause the actual results, performance or achievements of Canopy 
Growth or its subsidiaries to be materially different from any future results, 
performance or achievements expressed or implied by the forward-looking 
statements or information contained in this news release. Examples of such 
statements include respect to project completion dates.. Risks, uncertainties 
and other factors involved with forward-looking information could cause actual 
events, results, performance, prospects and opportunities to differ materially 
from those expressed or implied by such forward-looking information, including 
study results and such risks contained in the Company's annual information form 
dated June 24, 2019 and filed with Canadian securities regulators available on 
the Company's issuer profile on SEDAR at www.sedar.com. Although the Company 
believes that the assumptions and factors used in preparing the forward-looking 
information or forward-looking statements in this news release are reasonable, 
undue reliance should not be placed on such information and no assurance can be 
given that such events will occur in the disclosed time frames or at all. The 
forward-looking information and forward-looking statements included in this 
news release are made as of the date of this news release and the Company does 
not undertake an obligation to publicly update such forward-looking information 
or forward-looking information to reflect new information, subsequent events or 
otherwise unless required by applicable securities laws.

[1] Only patients who have given full consent will be included in this study

For further information: 
Contact:  Spectrum Therapeutics Australia
          Ben Quirin
          Regional Managing Director, APAC
          ben.quirin@canopygrowth.com 
          +61-466-231-441; 

          Emerald Clinics
          Adam James
          Media Relations
          adam.james@emeraldclinics.com.au
          +61-400-105-462

SOURCE: Spectrum Therapeutics