Beleave and Ryerson University Continue Research and Development of Industrial Processes

 
Toronto, ON – March 6^th, 2017 – Beleave Inc. (CNSX:BE) is pleased to announce that it is now beginning work on a second drug standardization research project with Ryerson University, with the goal of developing highly purified formulations of medicinal compounds. This project is a follow-up to Beleave’s recently completed extraction research project.
Beleave is partnering with a senior analytical biochemistry professor from the Ryerson University Department of Chemistry and Biology to develop their proposed methods for purification of medicinal compounds. The Company believes that this research will have potential application for future industrial-level processes suitable for partnering with pharmaceutical drug delivery technologies. The Company and principal investigator will be making use of the Ryerson University Analytical Center (RUAC) to develop methods for compound extraction and purification, as well as to develop an in-house method for identification and quantification of medicinal compounds for drug standardization and quality assurance purposes.
A $25,000 Engage grant from the Natural Sciences and Engineering Research Council of Canada (NSERC) has been awarded to help cover some of the research costs for the 6-month project, which began on March 1^st, 2017. All intellectual property stemming from the development of these novel processes will belong to Beleave.
“An exciting goal of this project will be for Beleave to have large-scale industrial processes for isolation of certain key compounds of interest. We want to develop precisely formulated and standardized compositions, and ultimately evaluate this IP for commercial applications,” commented Beleave CEO, Roger Ferreira.
Read the full company profile.
About Beleave
Beleave, Inc. is a biotech company committed to becoming a licensed producer under the Access to Cannabis for Medical Purposes Regulations (the “ACMPR“). Beleave’s wholly-owned subsidiary First Access Medical Inc. (“FAM“) has applied for a license to cultivate and sell medical cannabis pursuant to the ACMPR. As of the date hereof, FAM has successfully advanced past the review stage, and has been issued an affirmation letter from Health Canada prior to a request for a pre-licensing inspection. Beleave’s purpose-built facility is located near Hamilton, Ontario.
About Ryerson
Ryerson University is Canada’s leader in innovative, career-oriented education.  Urban, culturally diverse and inclusive, the university is home to more than 41,500 students, including 2,400 master’s and PhD students, 3,200 faculty and staff, and nearly 170,000 alumni worldwide. For more information, visit www.ryerson.ca
About NSERC
NSERC invests over $1 billion each year in natural sciences and engineering research in Canada. Our investments deliver discoveries – valuable world-firsts in knowledge claimed by a brain trust of over 11,000 professors. Our investments enable partnerships and collaborations that connect industry with discoveries and the people behind them. Researcher-industry partnerships established by NSERC help inform R&D, solve scale-up challenges, and reduce the risks of developing high-potential technology.
NSERC also provides scholarships and hands-on training experience for more than 30,000 post-secondary students and post-doctoral fellows. These young researchers will be the next generation of science and engineering leaders in Canada.