This company is going to be huge in time. Those of you like Torez that can only see share price is really missing the very big picture. Have some forgot that we are in ongoing licensing/partnership negotiations?
As a management team, it is our vision to develop OWC Pharma as the leading cannabis-based specialty pharma company. Over the last few months we have executed on a number of important steps in order to fulfill this vision.
We are exploring other potential markets and maintaining an ongoing dialogue with various potential business partners including representatives, manufacturers and distributors.
The company announced it has received expressions of interest from the scientific and medical communities worldwide as a result of its recently announced positive preliminary clinical efficacy tests results of its topical cream to treat Psoriasis.
Who better to head up our licensing negotiations than DR. Hirsch
In my early years as an Executive Director at Foamix, I was responsible for European Business Development, and in this role, I cemented an out-licensing deal with Bayer Pharmaceuticals for the development and commercialization of a topical drug for Rosacea. Marketing of this drug was initiated in late 2015 after FDA approval and today yields multi-million dollar annual royalties to Foamix. In my role as a Director and Chairman at Foamix, I have been actively involved in Foamix's IPO and two follow-on offerings on NADAQ, which in aggregate raised approximately $170 million. I believe that the experience I have acquired in these endeavors will be a strong factor in assisting in the development of OWC Pharma.
I can't imagine the amount of licensing revenue from the tablet and nasal spray. Gonna be massive potential! Waiting on the safety study to complete(which it could already be finished) and watch how things get very bullish around here! This is going to make last years run look like peanuts. Hang tight things are going to get very interesting around here.
