Source - LSE Non-Regulatory
RNS Number : 5105N
Ananda Developments PLC
25 November 2024
 

 25 November 2024

 

ANANDA DEVELOPMENTS PLC 

("Ananda" or the "Company") 

 

Publication of article about CBD for endometriosis in Leading Journal

 

Ananda Developments plc (AQSE: ANA), a Company focused on the development of CBD based therapies for the treatment of a range of complex inflammatory conditions, is pleased to announce the publication of an article entitled 'Endometriosis: cannabidiol therapy for symptom relief' in Trends in Pharmacological Science (TIPS). TIPS is a monthly peer-reviewed journal and is ranked in the top 2% of scientific journals worldwide.

'Endometriosis: cannabidiol therapy for symptom relief', authored by Dr Lucy Whitaker and Professors Andrew Horne and Philippa Saunders of the University of Edinburgh and Professor Clive Page and Charles Morgan of Ananda, highlights that cannabidiol (CBD) is a promising therapeutic agent for endometriosis because it has analgesic, anti-inflammatory, immunomodulatory, anti-angiogenic, antiproliferative, and neuroprotective effects. It summarises data from patient samples and animal models focussed on the pathophysiology of endometriosis, including pathways where CBD has activity, and considers the available formulations of CBD-containing products, their pharmacokinetics (PK), and their use in ongoing clinical trials in endometriosis and other pain conditions.

Charles Morgan, Chairman, said: 'The potential of CBD as a safe, efficacious and cost-effective treatment for the symptoms of endometriosis is compelling, and we are encouraged by this recognition in the publication of this review of the data in such a prestigious journal as Trends in Pharmacological Science. We look forward to working with investigators at the University of Edinburgh as they test this hypothesis in the upcoming ENDOCAN clinical trial.

Our involvement with this research is part of Ananda's commitment to developing a licensed CBD-based medicine, available on the NHS, for the treatment of the symptoms of endometriosis, a condition which affects 10% of women globally.'

The article can be accessed here: https://investors.anandadevelopments.com/s/00e2d1

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To stay abreast of the latest developments at Ananda, we encourage you to follow our social media channels which are:  

  

·              Investor Hub: investors.anandadevelopments.com

·              Instagram: https://instagram.com/anandadevelopments?igshid=YmMyMTA2M2Y=   

·              LinkedIn: https://www.linkedin.com/company/anadevelopments/   

·              Twitter: https://twitter.com/AnandaPlc

·              Investor Meet Company: https://www.investormeetcompany.com/ananda-developments-plc/register-investor

  

-Ends-  

  

The Directors of the Company accept responsibility for the contents of this announcement.  

  

ANANDA DEVELOPMENTS PLC 

+44 (0)7463 686 497 


ir@anandadevelopments.com 

Chief Executive Officer 


Melissa Sturgess 




Finance Director 


Jeremy Sturgess-Smith 




SP ANGEL CORPORATE FINANCE LLP 

+44 (0)20 3470 0470 



Corporate Finance 


Richard Morrison 






Corporate Broking 


Abigail Wayne 


Rob Rees 

 


 

Yellow Jersey PR (media enquiries)

Sarah MacLeod

Charles Goodwin

Zara McKinlay

 

+44 (0)20 3004 9512

ananda@yellowjerseypr.com

 

 

About Ananda Developments  

  

Ananda is an AQSE-listed life sciences company focused on the research and clinical development of CBD-based therapies for a range of complex inflammatory pain conditions.

For more information, please visit: https://anandadevelopments.com

   

https://investors.anandadevelopments.com/link/4PKM7e

 

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