Cann partners with IDT on manufacturing

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Contract pharmaceutical manufacturer IDT Australia (ASX:IDT) has announced a partnership with medicinal cannabis company Cann Group (ASX:CAN).

Under the partnership, IDT has been contracted to provide Cann Group with manufacturing support in relation to medicinal cannabis‐based product formulations intended for supply to patients in Australia and overseas.

“Cann Group has established itself as an industry leading science‐based player in the quickly evolving Australian medicinal cannabis space; and we are delighted to be partnering with Cann Group to advance the development and supply of high quality innovative product formulations,” said IDT’s CEO Dr David Sparling.  

“IDT’s manufacturing facilities are ideally suited to undertake this work and our track record in completing highly complex projects to global cGMP1 quality standards ensures we can add significant value to Cann’s development efforts.” said Cann Group CEO Peter Crock.

“IDT’s capabilities and experience in working with leading pharmaceutical companies made it an excellent manufacturing partner and we look forward to developing a range of delivery systems and dosage forms that can meet the varying needs of patients who can benefit from medicinal cannabis treatments.”