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AXIM® Biotechnologies Launches New Website and Management Presentation To Outline Strategic Business InitiativesNEW YORK, Jan. 15, 2019 (GLOBE NEWSWIRE) -- AXIM® Biotechnologies, Inc. (“AXIM® Biotech” or “AXIM”) (OTCQB: AXIM), a world leader in cannabinoid research and development, today announced the launch of a new corporate website and release of its most recent management presentation, which outlines the Company’s strategic initiatives including the prioritization of its clinical development program by probability of success and fiscal considerations. The website can be found at AXIMBiotech.com and the presentation can be downloaded there. “One of my first enterprises as CEO of the company was to implement a strategic business plan for the short and midterm that focused our clinical development research on programs with the best chance of success with lesser fiscal obligations,” said AXIM® Biotech CEO, John W. Huemoeller II. “We felt that a redesign of our website and management presentation was an important step in making AXIM’s direction clear and making that information available to our valued shareholders. I encourage our shareholders to review the newly released website and presentation to gain an understanding of where we are headed in our clinical development program and the factors that led us to those decisions. We are striving to build a sustainable and successful company that revolutionizes cannabinoid pharmaceuticals and feel that this strategy is the best way to achieve that goal while building value for our shareholders.” AXIM Biotech will continue its research in cannabinoid pharmaceuticals utilizing its proprietary, controlled-release chewing gum delivery system, focusing on the following programs in the short and midterm:
These four clinical trial programs were selected due to their shortened timelines and overall ability to bring the drugs to market with decreased monetary requirements. To learn more about About AXIM® Biotechnologies, Inc., visit http://aximbiotech.com/. About AXIM® Biotechnologies AXIM's flagship products include MedChew® with Dronabinol, which is planned to undergo a bioequivalence study to fast track through FDA as an alternative to approved Marinol; CanChew® RL, which is planned to undergo clinical trials for treatment of restless leg syndrome; and MedChew Rx®, a combination cannabidiol (CBD)/tetrahydrocannabinol (THC) functional, controlled-release chewing gum that is planned to undergo clinical trials for the treatment of pain and spasticity associated with Multiple Sclerosis (MS). For more information, please visit www.AXIMBiotech.com. FORWARD-LOOKING DISCLAIMER Public Relations Contact: Corporate Contact Info: European Address: Investor Relations Contact: |