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LDS

Nano-sized Liquid Drug Delivery
Startup Mature Founded 2012 Health Tech & Life Sciences
Last Update Aug 31, 2024 · Claimed

LDS News

1 article
Dec 4, 2016 · www.globes.co.il
growth-positive
LDS wins medical cannabis marketing deal
Israeli drug delivery company LDS Biotech has signed an agreement with US distributor Ananda to use its technology as the basis for a medical cannabis product. Ananda estimates that its annual revenue will exceed $10 million, with a percentage given to LDS. LDSs technology allows for the extraction of the CBD component from the cannabis plant, producing a drug that can be taken orally. The CBD component is recognized for its potential in treating pain, inflammation, autism, and epilepsy. LDS has already generated $2.5 million in revenue from agreements with major pharmaceutical firms. The CBD product marketed by Ananda is expected to be the first based on LDSs technology to reach the market.
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