Oxford Cannabinoid Technologies is a medicinal cannabis company focused on developing pain relief treatments using cannabinoids.
It has licenced one compound from a Japanese pharma firm and is developing other compounds. Phase 1 trials are expected later next year for the licenced compound and possibly another one. As the prospectus says, fewer than 10% of phase 1 clinical trial molecules end up as an approved drug.
Imperial Brands owns 10.87% of the company and has been a shareholder sin...
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