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IME Medical Electrospinning launches MediSpin XL™, a cutting-edge high-volume electrospinning production platform for Medical Devices

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Breakthrough in industrial large-scale manufacturing of well-defined
biomedical fiber-based scaffolds for a wide variety of medical
applications

WAALRE, Netherlands–(BUSINESS WIRE)–

IME to host a special electrospinning session (number S64), Wednesday
May 29, from 11am – 1pm, during the
upcoming TERMIS
European Chapter Meeting
, 27 – 31 May 2019, Rhodes, Greece.

Managing Director Judith Heikoop presenting on ‘Mimicking the tissue
specific extracellular matrix composition’.

Dutch MedTech company IME Medical Electrospinning is the worldwide
leader and scientific partner in electrospinning equipment development
and services for medical devices and regenerative medicine. The company
today announced the launch of its newly developed revolutionary MediSpin
XL™ platform for large-scale industrial manufacturing of reproducible
and scalable fiber-based scaffolds for Class I, II and III medical
devices.
The launch of the platform marks a global breakthrough in the controlled
large-scale production of well-defined scaffolds for implants and
membranes using fibers ranging from nanometer up to micrometer scale.

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Applying specific polymers, IME’s advanced equipment creates fiber-based
medical device solutions that mimic the natural human extracellular
matrix in nanometer and micrometer format for implants and membranes in
the human body. Human cells recognize this artificial matrix (scaffold)
as the body’s own facilitating the repair of the damaged tissue for
heart valves, blood vessels, nerves, tendons, skin and bone etc. This is
in contrast to implants and membranes of traditional structures, which
are seen as foreign and therefore can lead to scar tissue or rejection
phenomena. The MediSpin™ XL platform has been developed specifically for
MedTech industrial manufacturing of medical devices and ensures the firm
control of the crucial parameters of the electrospinning process,
leading to identical and consistent end-products.

Judith Heikoop, Managing Director of IME Medical Electrospinning,
says:

“The global launch of our state of the art production platform is
testimony to our strong belief in the strategic goal of becoming the
leading developer and producer of the most advanced electrospinning
equipment for both large-scale production and R&D purpose, and
broadens
our trusted partnership worldwide in co-developing electrospun medical
devices, which are seen as true game changers in the MedTech industry.”

Ramon Solberg, Founder and Managing Director of IME Medical
Electrospinning, says:

“This technology enables the large-scale manufacturing of
reproducible and scalable fiber-based scaffolds, the wonderful pieces of
art that will substantially transform the medical device market for a
wide variety of medical applications and thus revolutionize regenerative
medicine.”

MediSpin XL™, resolving distorting factors in electrospinning

The electrospinning process is governed by a number of variables that
are crucial for success in research and development, but certainly also
for large-scale manufacturing of fiber-based medical device solutions.
Crucial parameters in fiber diameter and structure, porosity, mesh
thickness and tensile strength are vital for the in-vitro and in-vivo
functionality of products, but were challenging to control in the past.
In particular, changes in temperature and relative humidity between the
seasons and during the day, could lead to inconsistencies within one
batch as well as between batches.

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The groundbreaking MediSpin XL™ platform resolved all this and is the
result of IME’s pioneering research and more than a decade of medical
electrospinning experience in manufacturing smaller scale R&D equipment.
MediSpin XL™ is the first large-scale production platform that
eliminates all the important factors that might distort the
electrospinning process, enabling an optimal process set-up and
stability, including climate control and on-line quality monitoring
measurements, ensuring a consistent end-product.

The MediSpin XL™ equipment is built using state-of-the-art materials &
process controls in compliance with tight regulatory requirements for
medical products to minimize the chance of product contamination during
the process. Down-stream process steps such as cutting and blistering
can be easily included in the system. And lastly, ultimate automation
minimizes the need for operator intervention, which further adds to a
reproducible process and minimization of product contamination during
the process.

New world standard

With the introduction of the MediSpin XL™ platform, IME has further
strengthened its global standard for the joint development and
production of scalable and reproducible nanometer and micrometer
scaffolds. To this respect the company recently commissioned its brand
new high-end GLP Laboratory and set of ISO 7 cleanrooms. With these, IME
is now able to not only develop and manufacture its top-end proprietary
electrospinning equipment, but to also produce the actual scaffolds for
the intended medical implants for their customers. The cleanroom
facilities enable the production of Class I, II and III medical devices.

=== E N D S ===

About IME Medical Electrospinning

For over ten years, IME Medical Electrospinning has been a leading
player in the field of developing and implementing electrospinning
processes and equipment for the manufacturing of medical devices for
(regenerative) medicine. Electrospinning is a flexible process for
producing extremely thin fibers and structures that have excellent
properties to help regenerate human tissue. IME Medical Electrospinning
has developed an unique set of innovations in electrospinning technology
for the reproducible and scalable production of electrospun material
under tightly controlled conditions required for the MedTech market.
Customers and scientific partners include the MedTech industry,
scientists and health institutions.

Shareholders in the company are Dutch economic development company De
Brabantse Ontwikkelings Maatschappij (BOM) and informal investor network
TIIN Capital (TIIN).

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More information available at http://www.ime-electrospinning.com

Contacts

For further inquiries:
IME Medical Electrospinning,
Waalre, The Netherlands

Judith Heikoop M.Sc. Ph.D.
T:
040 – 28 27 956
E: j.heikoop@ime-electrospinning.com

For
media:

LifeSpring Life Sciences & Health
Communication, Amsterdam

Léon Melens
T: 06 – 538 16 427
E:
[email protected]

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Cannabis

Rodedawg (OTC: RWGI) Launches TikTok Shop to Expand into Global E-Commerce Market

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Billion

Industrial Hemp Market Soars from $6.6 Billion to $25.7 Billion by 2034, Fueled by Sustainable Innovation

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industrial-hemp-market-soars-from-$66-billion-to-$25.7-billion-by-2034,-fueled-by-sustainable-innovation

Industrial Hemp Playing Key Role in Carbon Sequestration and Soil Remediation Aligning with Sustainable Farming Practices

ROCKVILLE, Md., June 12, 2024 /PRNewswire/ — Based on a new research report by Fact.MR, worldwide sales of Industrial Hemp Market are estimated to reach US$ 6.6 billion in 2024. By 2034, this market is anticipated to skyrocket to a staggering US$ 25.7 billion, driven by a steady CAGR of 14.5% from 2024 onward.

Demand for industrial hemp is skyrocketing as more and more industries recognize its versatile and sustainable properties. Once overlooked, this remarkable crop is now being embraced for its myriad uses across various sectors. From textiles and construction materials to biofuels and nutritional supplements, hemp’s applications are seemingly endless.

Environmentally conscious consumers are driving much of this demand, as hemp requires minimal pesticides and herbicides, making it an eco-friendly choice for sustainable farming. Its ability to sequester carbon dioxide and remediate contaminated soil further adds to its appeal. Moreover, hemp’s durability, lightweight nature, and renewable qualities make it an attractive alternative to traditional materials in manufacturing.

Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=3989

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As awareness of hemp’s benefits continues to spread, industries are investing in research and development to unlock its full potential. With its multi-faceted applications and sustainable credentials, industrial hemp is poised to become a cornerstone of the green economy, meeting the growing demand for environmentally responsible products and practices.

Key Takeaways from the Market Study:

  • Based on nature, sales of organic hemp are estimated to reach a valuation of $3.2 billion in 2024.
  • The market in Mexico is evaluated to expand at a CAGR of 13.6% from 2024 to 2034.
  • Revenue from sales of industrial hemp in East Asia is projected to reach $5.9 billion by the end of 2034.
  • The South Korean market is evaluated to reach a valuation of $1.4 billion by the end of 2034.
  • North America is analyzed to hold a global market share of 24.3% by 2034.

“Use of industrial hemp in textiles, medicines, and food, coupled with global sustainability trends, is creating opportunities for suppliers. Governments worldwide are collaborating to boost global hemp distribution,” says a Fact.MR analyst.

Increasing Awareness of Therapeutic Potential of Hemp in Medical Applications

Once relegated to the fringes, industrial hemp is rapidly emerging as a sustainable wonder crop, fueling a wave of cutting-edge innovations across diverse industries. As researchers and entrepreneurs unlock its vast potential, hemp is proving to be a versatile and eco-friendly resource, paving the way for exciting new products and applications.

The automotive industry is also exploring the use of hemp fibers as a reinforcement material for lighter, stronger, and more sustainable car parts. These natural fiber composites could reduce vehicle weight, improving fuel efficiency and reducing emissions.

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In the field of biotechnology, scientists are harnessing the unique properties of hemp to develop innovative products. For instance, researchers are exploring the use of hemp-derived compounds, such as cannabidiol (CBD), for their potential therapeutic applications in various medical conditions.

Japan’s Industrial Hemp Market Poised for Rapid Growth

The industrial hemp market in Japan is projected to grow at a compound annual growth rate (CAGR) of 15.1% from 2024 to 2034, with the country expected to hold a 29.4% market share by the end of the period.

Increased investment in research is crucial for unlocking the full potential of industrial hemp. Research efforts may focus on improving hemp genetics for higher yield and quality, optimizing cultivation practices, and exploring innovative applications such as advanced nanomaterials or pharmaceuticals. This investment fosters innovation and establishes a foundation for the hemp industry’s long-term growth and competitiveness in an ever-evolving market.

Get Customization on this Report for Specific Research Solutions:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=3989

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Expanding Opportunities in the United States Industrial Hemp Market

The industrial hemp market in the United States offers abundant opportunities for stakeholders to broaden their product portfolios. Beyond traditional uses like textiles and oils, there is significant potential for hemp-based products to evolve into biodegradable polymers, eco-friendly packaging, and even biofuels. This diversification, a prominent trend in the industrial hemp market, not only targets emerging markets but also positions hemp as a versatile and sustainable resource with applications across various industries.

More Valuable Insights on Offer:

Fact.MR, in its new offering, presents an unbiased analysis of the industrial hemp market for 2019 to 2023 and forecast statistics for 2024 to 2034.

The study divulges essential insights into the market based on nature (organic, conventional), product type (fiber, seeds), and end use (food & beverages, consumer textiles, personal products, industrial applications, hemp CBD, supplements, other consumer products), across seven major regions of the world (North America, Latin America, Eastern Europe, Western Europe, East Asia, South Asia & Pacific, and MEA).

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Check out More Related Studies Published by Fact.MR Research:

Hemp-Based Products Market is expected to reach $1.8 billion in 2023 and jump to a size of $16.2 billion by 2033.

Cannabis Infused Drinks Market is predicted to race ahead and end up at US$ 8.7 billion by 2032.

Ready-to-use Therapeutic Food Market to surge from $459.9M in 2024 to $800.6M by 2034, driven by 5.7% CAGR, marking substantial growth.

Specialty Fat and Oil Market will hit $85.94 billion by 2034 with a 4.6% Annual Growth Rate.

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Baking Ingredient Market is set to reach $41.48 billion by 2034, Driven by 6.5% Annual Growth Rate.

Infant Milk Formula Market: From Growth Spurts to Baby Boom – Projected Surge to $22.35 Billion by 2034.

About Us:

Fact.MR is a distinguished market research company renowned for its comprehensive market reports and invaluable business insights. As a prominent player in business intelligence, we deliver deep analysis, uncovering market trends, growth paths, and competitive landscapes. Renowned for its commitment to accuracy and reliability, we empower businesses with crucial data and strategic recommendations, facilitating informed decision-making and enhancing market positioning.

With its unwavering dedication to providing reliable market intelligence, FACT.MR continues to assist companies in navigating dynamic market challenges with confidence and achieving long-term success. With a global presence and a team of experienced analysts, FACT.MR ensures its clients receive actionable insights to capitalize on emerging opportunities and stay ahead in the competitive landscape. 

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Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Sales Team[email protected]
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Innocan

Innocan Pharma Announces Successful Preliminary Safety Evaluation of LPT-CBD in Minipigs

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HERZLIYA, Israel and CALGARY, AB, June 11, 2024 /PRNewswire/ — Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (OTCQB: INNPF) (“Innocan” or the “Company”), a pioneer in the pharmaceutical and biotechnology industries, is pleased to announce the success and conclusion of a preliminary safety evaluation of Innocan’s single injection and sustained-release LPT-CBD conducted on minipigs. The animals demonstrated excellent drug tolerance and did not exhibit any drug-related adverse events.

 

 

Recognized by the FDA as an excellent model for toxicology, small breeds of miniature domestic pigs known as minipigs share strong similarities with humans in crucial aspects such as drug metabolism, skin structure, genetics, and physiological mechanisms. In this preliminary safety study, minipigs received a single subcutaneous injection of LPT-CBD and were closely monitored for pharmacokinetics and basic safety parameters over one month. Encouragingly, the animals all exhibited good drug tolerance and did not manifest any drug-related adverse reactions.

“We are thrilled with these findings, which further underpin the safety profile of LPT-CBD following a single injection,” commented Dr. Eyal Kalo, the R&D Director of Innocan Pharma. “With each new data point collected for LPT-CBD, we make significant strides in our quest to revolutionize patient care through sustained-release therapy. Our efforts to continuously gather data to fully characterize LPT-CBD are paramount in our journey towards its ultimate approval.”

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Professor Chezy Barenholz the CSO of Innocan Pharma added, “These results are immensely gratifying and hold significant promise as they highlight the characteristics of LPT-CBD in a physiological setting similar to humans.”

The study involved administering three ascending doses of LPT-CBD via subcutaneous injection in minipigs, followed by comprehensive monitoring of pharmacokinetics and safety parameters for 28 days. Throughout the study, the minipigs demonstrated excellent drug tolerance, as evidenced by blood clinical parameters whithin normal range, healthy appetite, and normal behavior. These findings are consistent with prior safety evaluations conducted with LPT-CBD on diverse animal models including goats and dogs, affirming the drug’s favorable tolerability profile following both single and repeated use.

Grant of Restricted Share Units                                                                                                 

The Company has granted an aggregate of 290,000 restricted share units (each, an “RSU“) to consultants. Each RSU entitles the recipient to receive one common share of the Company (a “Common Share“) on vesting. A total of 150,000 RSUs vest on May 30, 2024, and 140,000 RSUs vest on September 30, 2024. The RSUs and the underlying Common Shares are subject to a statutory hold period of four months and one day expiring on October 1, 2024.

Innocan also announces that it granted 2,380,000 stock options to employees and consultants to the Company. These options have a strike price of $0.28, with various vesting periods up to 12 months. All options expire on May 30, 2029.

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About Innocan Pharma:

Innocan is a pharmaceutical tech company that operates under two main segments: Pharmaceuticals and Consumer Wellness. In the Pharmaceuticals segment, Innocan focuses on developing innovative drug delivery platform technologies comprises with cannabinoids science, to treat various conditions to improve patients’ quality of life. This segment involves two drug delivery technologies: (i) LPT CBD-loaded liposome platform facilitating exact dosing and the prolonged and controlled release of CBD into the blood stream. The LPT delivery platform research is in the preclinical trial phase for two indications: Epilepsy and Pain Management. In the Consumer Wellness segment, Innocan develops and markets a wide portfolio of innovative and high-performance self-care products to promote a healthier lifestyle. Under this segment Innocan has established a Joint Venture by the name of BI Sky Global Ltd. that focuses developing on advanced targeted online sales. https://innocanpharma.com/

Contact Information:

For Innocan Pharma Corporation:
Iris Bincovich, CEO
+1 5162104025
+972-54-3012842
+442037699377
[email protected] 

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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Caution Regarding Forward-Looking Information

Certain information set forth in this news release, including, without limitation, the Company’s plans for human trials of its LPT-CBD platform, is forward-looking information within the meaning of applicable securities laws. By its nature, forward-looking information is subject to numerous risks and uncertainties, some of which are beyond Innocan’s control. The forward-looking information contained in this news release is based on certain key expectations and assumptions made by Innocan, including expectations and assumptions concerning the anticipated benefits of the products, satisfaction of regulatory requirements in various jurisdictions and satisfactory completion of production and distribution arrangements.

Forward-looking information is subject to various risks and uncertainties that could cause actual results and experience to differ materially from the anticipated results or expectations expressed in this news release. The key risks and uncertainties include but are not limited to: global and local (national) economic, political, market and business conditions; governmental and regulatory requirements and actions by governmental authorities; and potential disruption of relationships with suppliers, manufacturers, customers, business partners and competitors. There are also risks that are inherent in the nature of product distribution, including import/export matters and the failure to obtain any required regulatory and other approvals (or to do so in a timely manner). The anticipated timeline for entry to markets may change for a number of reasons, including the inability to secure necessary regulatory requirements, or the need for additional time to conclude and/or satisfy the manufacturing and distribution arrangements. As a result of the foregoing, readers should not place undue reliance on the forward-looking information contained in this news release. A comprehensive discussion of other risks that impact Innocan can be found in Innocan’s public reports and filings which are available under Innocan’s profile at www.sedarplus.ca.

Readers are cautioned that undue reliance should not be placed on forward-looking information as actual results may vary materially from the forward-looking information. Innocan does not undertake to update, correct or revise any forward-looking information as a result of any new information, future events or otherwise, except as may be required by applicable law.

Logo: https://mma.prnewswire.com/media/2046271/3968398/Innocan_Pharma_Corporation_Logo.jpg

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