Canntab Therapeutics Ltd (CSE:PILL) (OTCMKTS:TLFTF) said Wednesday that it is teaming up with Dr Don Garbuz, an orthopedic surgeon, to study the effectiveness of the company’s Canntab tablets in reducing the need for opioids after knee-replacement surgery.
The Toronto-based company said in a press release that it’s seeking approval from the university to conduct a randomized, double-blind, placebo-controlled clinical trial, with Garbuz as lead investigator.
Shares of Canntab climbed C$0.07 to C$1.12 in Wednesday's Canadian trading.
Garbuz is head of the division of lower limb reconstruction and oncology at the University of British Columbia’s division of orthopedics.
Canntab plans to create the tablets for the study with Toronto-based FSD Pharma Inc (OTCMKTS:FSDDF), a licensed producer under the Access to Cannabis for Medical Purposes Regulations.
“This study will help advance our understanding of the potential effects of cannabis as a treatment for pain and will become the basis for conducting future cannabinoid and pain management clinical trials," Garbuz said in a statement. "This important study aims to help us better understand the potential impact of cannabis as an alternative for opioids, so that patients might face better outcomes."
It’s not unusual for patients to misuse opioids after surgery, with nearly 5% of “previously opiate-naive patients” becoming chronic abusers, Canntab said in the press release.
The total cost of the study is estimated at C$600,000, with an anticipated time frame of 12 to 18 months.
Contact Dennis Fitzgerald at [email protected]