Cannabinoid-Pharmaceuticals are Positioned to Take Over the Pharmaceutical Industry! [UNSUBSCRIBE]( NEW TIP: NASDAQ: SPRC Cannabinoid-Pharmaceuticals are Positioned to Take Over the Pharmaceutical Industry and this Company is Paving the Way⦠Greetings All, For many years cannabinoids have been the biggest buzz topic in wellness⦠Trading at around $3, one NASDAQ pharma company is revolutionizing cannabinoid-based treatments by developing proprietary pharmaceuticals that increase patientsâ safety by reducing doses all while maintaining effectiveness. The companyâs robust IP portfolio focused on disorders of the central nervous system, puts the company in very exciting markets that have seen stellar growth in recent years. With strong leadership, recent joint ventures, and an entrance into the booming psychedelics space, the company may not remain under the radar much longer. Especially as a report by Market Digits estimates that the psychedelic sector could be worth more than $10 billion by 2027, up from $4.75 billion in 2020! The conversation about psychedelics is getting much louder and it may be opportunistic to keep a close eye on emerging companies that may soon be sitting at the forefront of it. SciSparc Ltd. (NASDAQ: SPRC) has been climbing the ranks of the pharma-industry and is revolutionizing the way the world approaches modern medicine through cannabinoids and psychedelics. SPRC should be at the top of your watch-list as it could be positioned for impressive growth! BREAKING NEWS! SciSparc to Collaborate with Polyrizon for Brain Targeting Using Intranasal Hydrogel Systems SciSparc will use its SCI-160 technology platform for treating pain in combination with Polyrizons' Trap and TargetTM technology TEL AVIV, Israel, May 31, 2022 (GLOBE NEWSWIRE) -- SciSparc Ltd. (NASDAQ: SPRC), a specialty clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders of the central nervous system (the "Company" or "SciSparc"), today announced it has signed a collaboration agreement with Polyrizon Ltd., a biotech company focused on the development of innovative medical device hydrogels delivered in the form of nasal sprays (âPolyrizonâ). FULL STORY HERE: [Image]( [( SciSparc Ltd. NASDAQ: SPRC Aiming to Become a Leader in the Pharma Industry with a Robust IP Portfolio ALL Focused on Disorders of the Central Nervous System! SciSparc Ltd. is a specialty clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders of the central nervous system. Led by an experienced team of senior executives and scientists, the companyâs focus is on creating and enhancing a portfolio of technologies and assets based on cannabinoid pharmaceuticals. SPRCâs current candidates are designed to treat Tourette Syndrome, Autism Spectrum Disorder, Epilepsy, Obstructive Sleep Apnea, Alzheimerâs Disease and Agitation, and Pain using cannabinoid pharmaceuticals. SPRC is well-aware of the cannabinoid opportunity in the world of pharmaceuticals and the company is dedicated to developing unique cannabinoid technologies for treatment of central nervous system disorders. The global cannabis pharmaceuticals market size is expected to reach [$127.1 billion by 2028!]( With this focus, SPRC is currently engaged in the following drug development programs based on THC and/or non-psychoactive cannabidiol (CBD): >> SCI-110 for the treatment of Tourette syndrome, for the treatment of Alzheimer's disease and agitation. This is the companyâs proprietary drug candidate, containing Dronabinol, FDA approved synthetic form of THC, with the endocannabinoid palmitoylethanolamide (PEA). >> SCI-160 for the treatment of pain. >> SCI-210 for the treatment of autism spectrum disorder and status epilepticus. Joint Venture Agreement with MitoCareX Bio Ltd. Not long ago, SPRC announced completion of its previously announced joint venture agreement to focus on the discovery and development of potential drugs for cancers and other life-threatening conditions, with MitoCareX Bio Ltd., an Israeli corporation. MitoCareX Bio will focus on investigating mitochondrial carriers, transport proteins crucial for cell viability. Because of mitochondrial carriersâ significant role in transporting necessary metabolites for cell functioning across the inner mitochondrial membranes, the company believes various life-threatening conditions, such as cancers and rare mitochondrial diseases, might be treated by regulating the function of mitochondrial carriers. In humans, the mitochondrial carrier family ( Solute Carrier Family 25, SLC25 ) consists of 53 members and is the largest solute transporter. Details of the JV agreement can be found [HERE.]( Approvals for Phase IIb Clinical Study for SCI-110 in Tourette Syndrom Patients Near the end of the month, SPRC received Ethics Committee approvals from Hannover Medical School in Hannover, Germany, and the Tel Aviv Sourasky Medical Center, in Tel Aviv, Israel, to conduct the Companyâs Phase IIb clinical study for SCI-110 in patients suffering from Tourette Syndrome, or TS. The Company is evaluating additional clinical sites to join the Phase 2b trial to expedite patient enrollment in a timely manner. This is a critical step toward the initiation of the companyâs Phase IIb trial in TS! [Image]( TS is a movement and neurobehavioral disorder characterized by chronic motor and vocal tics. With onset before age 18, about half to two-thirds of TS cases improve during adolescence, while adults are generally more severe patients. Tics may be associated with a premonitory sensation to perform a specific action, which may lead to âreliefâ once performed. The objective of this Phase IIb randomized, multi-national, multi-center, double-blind, placebo controlled cross-over study is to evaluate the efficacy, safety and tolerability of SPRCâs proprietary drug candidate SCI-110 in adult patients (between 18 and 65 years of age). The launch of the trial is now pending approvals by the Ministry of Health in both countries. Joint Pre-Clinical Trial with Clearmind Medicine Inc. SPRC has revealed positive safety profile results from its joint pre-clinical trial with Clearmind Medicine Inc., (CSE: CMND), (OTC: CMNDF), (FSE: CWY0), a psychedelic pharmaceutical company focused on the discovery and development of novel psychedelic-derived therapeutics to solve widespread and underserved health problems. The trial tested the proprietary combination of SPRCâs CannAmide⢠with Clearmind's psychedelic molecule, MEAI, for alcohol consumption. [Image]( A histopathology assessment was conducted on several organs (heart, lungs, liver, kidneys, brain, pancreas, spleen, and thyroid gland) from all experiment groups (n=3-5 per group) to determine the safety of the proprietary combination of MEAI and CannAmide⢠versus control (mice) that were not exposed to alcohol). The severity of changes was scored by a 5-point scale by a qualified blinded toxicologist (Schafer et al., Toxicol Pathol 2018, 46:256-265). The results indicated a high safety profile of the combination treatment with no treatment-related changes observed! Results showed that alcohol consumption was significantly reduced following treatment with MEAI at a dose of 40 mg/kg and higher (p<0.01) compared to consumption before treatment. Alcohol consumption was significantly reduced following dual treatment with 25 mg/kg CannAmide⢠in addition to MEAI at a dose of 20 mg/kg compared to consumption before treatment! This puts the company in another favorable market as a report by [Market Digits estimates]( that the sector could be worth more than $10 billion by 2027, up from $4.75 billion in 2020! A New Add to the Companyâs Established Team The company recently appointed Professor Avi Schroeder as a member of the Company's Scientific Advisory Board. Prof. Schroeder will support the development of the Company's top-tier, proprietary, investigational drug candidate SCI-160 program for the treatment of pain. A recipient of over 20 national and international innovation awards as well as the inventor of 14 patents, Professor Schroeder is an exciting addition to SPRC and could help propel the company for even larger growth! "As we continue to make progress in our innovative program to treat pain, utilizing our non-opioid analgesic pain management solution, SCI-160, reinforcing our SAB is essential. Our plans are to commence the Pre-IND process further this year, followed by an FDA Investigational New Drug (IND) Phase I study application for our treatment for pain. We welcome Prof. Schroeder and the great contribution he will bring to our SAB, that already includes a diverse list of renowned researchers, physicians and experts advising the company." - Dr. Adi Zuloff-Shani, CTO In fact, the companyâs recent leadership changes positions them for the best possible growth. SPRC is managed by an established team with a proven track record of execution in drug development, working in concert with a world class, award-winning, scientific advisory board chaired by the renowned Professor Raphael Mechoulam. Together they bring decades of experience in biochemistry and pharmacology, research and development, manufacturing, international distribution, clinical and regulatory affairs, as well as financial acumen to the companyâs operation. MARKET POTENTIAL - The global Alzheimerâs therapeutics market is projected to reach $13.68 by 2027 from $7.48 in 2019.
- The global epilepsy market size would grow from $8.8B in 2018 to $9.5B towards the end of 2023
- The global ASD therapeutics market was approximately $3.3B in 2018 and is expected to reach approximately $4.6B by 2026
- Tourette Syndrome (TS) market was $80M in 2019 and is expected to reach $98.7M by 2023
- The global chronic pain treatment market was valued at $77.8B in 2019 [Image]( While the usage of cannabis has been popular in recent years, itâs only very recently that we are discovering the rarecannabinoid potential. Early studies have shown the exciting efficacy of cannabinoids against a large variety of diseases. For example, preclinical and clinical studies [have suggested a potential value for CBD in some neuropsychiatric disorders, including epilepsy, anxiety, and schizophrenia](. Cannabinoids are inexpensive, as well as natural, which is an exciting contrast to traditional forms of drugs and medicine which often have adverse or addictive consequences. Psychedelics have become an increasingly popular area for medical research and studies. A report by [Market Digits]( that the sector could be worth more than $10 billion by 2027, up from $4.75 billion in 2020! With their exciting and diverse IP portfolio and recent ventures into non-traditional forms of medicine, SciSparc Ltd. (NASDAQ: SPRC) is quickly becoming an exciting specialty pharmaceutical company to keep your eyes on! The company is in multiple exciting collaborations/joint ventures in many up-and-coming areas that proves they have undeniable potential for great market growth! Disclaimer: This Newsletter/Website provides information about the stock market and other investments. This Newsletter/Website does not provide investment advice and should not be used as a replacement for investment advice from a qualified professional. This Newsletter/Website is for informational purposes only. The Author of this Newsletter/Website is not a registered investment advisor and does not offer investment advice. You, the reader, bear responsibility for your own investment decisions and should seek the advice of a qualified securities professional before making any investment. Copyright 2022 © [TopStockTips.com]( is 50% owned and operated by the owner of CareBear Marketing Group LLC. 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