Working with partner Tilray®, IntelGenx aims to launch oral film products in late-2019
SAINT LAURENT, Quebec, Jan. 14, 2019 (GLOBE NEWSWIRE) -- IntelGenx Corp. (TSX-V:IGX) (OTCQX:IGXT) (“IntelGenx”), a leading oral drug delivery company, today provided an update on its cannabis-infused VersaFilmTM product co-development program with Tilray, Inc. (NASDAQ:TLRY) (“Tilray®”) following the Government of Canada’s recently proposed amendments to the Cannabis Act (the “Act”) that would authorize the sale of edible cannabis products.
“We are pleased with the timeliness of the Canadian Government’s proposed amendments to the Act and we will be participating in the public consultation process,” said Dr. Horst G. Zerbe, President and CEO of IntelGenx.
“In addition to having the only Health Canada licensed and GMP compliant facility for pharmaceutical oral film manufacturing, IntelGenx has the competitive advantage of having Tilray®, a global leader in cannabis production and distribution, as both a partner and a shareholder,” continued Dr. Zerbe. “Together, we will work to develop a cannabis-infused oral film that complies with the proposed, and subsequently, the final amendments to the Act such that we are ready for commercialization shortly after the October 17, 2019 implementation deadline.”
Under the terms of the development and supply agreement IntelGenx entered into with Tilray in November 2018, the companies will co-develop and commercialize oral film products infused with adult-use and medical cannabis. As the amended cannabis regulations, which are expected to come into effect no later than October 17, 2019, would allow adult-use consumers to purchase edible products in Canada, IntelGenx and Tilray® are working toward commercializing a cannabis-infused VersaFilm™ product in late-2019.
About IntelGenx
Established in 2003, IntelGenx is a leading oral drug delivery company primarily focused on the development and manufacturing of innovative pharmaceutical oral films based on its proprietary VersaFilm™ technology platform.
IntelGenx' highly skilled team provides comprehensive pharmaceuticals services to pharmaceutical partners, including R&D, analytical method development, clinical monitoring, IP and regulatory services. IntelGenx' state-of-the-art manufacturing facility, which was established for the VersaFilm™ technology platform, offers by supporting lab-scale to pilot- and commercial-scale production. More information about the company can be found at www.intelgenx.com.
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