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Bod Australia (ASX:BDA) to collaborate with UniSA for MediCabilis

Health Care
ASX:BDA
13 December 2019 06:00 (AEST)

Bod Australia (BDA) has entered a research collaboration with the University of South Australia (UniSA) for Bod’s MediCabilis cannabis product.

As part of the collaboration, the parties will study MediCabilis and its effects on patients.

Bod is a healthcare company focused on exploring and developing healthy and beauty products derived from plant-based extracts and hemp.

The research will assist in ongoing product development initiatives as well as pave the way for future research.

The collaboration will be conducted with researchers from UniSA’s nationally-renowned School of Pharmacy and Medical Sciences

“This research will provide valuable information to facilitate further product development and guide clinical utility,” UniSA Senior Research Fellow Dr Stephanie Reuter Lange said.

Bod CEO Jo Patterson is also pleased with securing a collaboration with a high-quality organisation.

“[This] provides tremendous validation of our approach to date and ongoing commitment to R&D, building IP and generating revenue,” Jo said.

Results from the collaboration is set to lay a strong foundation for further research with Bod’s exclusive extract.

The company is confident that findings from the partnership will assist clinicians and prescribers in gaining a stronger understanding of MediCabilis.

Bod Australia is down 2.86 per cent today with shares trading for 34 cents each at 3:49 pm AEDT.

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