PURE EXTRACTS DELINEATES STUDY ON PSILOCYBIN ORAL TABLETS, CAPSULES AND NASAL GEL
Channel: RICH TV LIVE
Date: 14/01/2021

PURE EXTRACTS DELINEATES STUDY ON PSILOCYBIN ORAL TABLETS, CAPSULES AND NASAL GEL - January 14, 2021 - RICH TV LIVE -  Pure Extracts Technologies Corp . (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) (“Pure Extracts” or the “Company”), a plant-based extraction company, is pleased to announce that it has delineated the timetable and milestones for its study on the formulation and manufacturing of psilocybin based active treatments for oral tablets, capsules and a nasal gel that will be used as an investigational product. The study with be conducted at the Toronto Institute of Pharmaceutical Technology (“TIPT”) by Dr. Alexander MacGregor, a key scientific advisor to the Company.
The study will focus on formulating, manufacturing and clinical bioavailability testing of rapid onset psilocybin dosage forms that could be used in future efficacy clinical trials by both Pure Extracts and its pharmaceutical customers. Clinical batch manufacturing, packaging and labelling are all included in the study as is conformity testing and stability testing (including both long-term and accelerated). The study will conform to both Canadian Good Manufacturing Practice (“GMP”) and Good Clinical Practice (“GCP”) standards.

The key milestones in the 250-day timeline for the study on psilocybin immediate release tablets and nasal gel include the following:

Sourcing and procurement of medicinal ingredients, excipients & packaging materials
Raw Material Testing
Formulation and Manufacturing Process Development, Stability Testing
Clinical Batch Manufacturing
Quality Control Release Testing
Shipping of Clinical Batches to CRO
Pure Extracts CEO, Ben Nikolaevsky, remarked, “We are excited about the R&D progress we are going to make with TIPT over the next 6 – 8 months while waiting to receive our Dealer’s License from Health Canada. We will be well prepared for our move into the controlled substances world of psychedelics and will have advanced knowledge regarding psilocybin and its associated novel delivery mechanisms.” #pureextracts #psychedelics #richtvlive 

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