Willow Biosciences Inc. (CSE: WLLW) Developing Biosynthesis Platform for Production of Low-Cost, Pharmaceutical-Grade CBD

A joint development agreement signed with Noramco Inc., the world’s largest producer of chemically synthesized cannabinoids and pharmaceutical APIs, is expected to scale the development of Willow’s CBD biosynthesis program The collective market for CBD sales in the U.S. is expected to exceed $20 billion by 2024, while the cannabinoid-based pharmaceuticals market may reach $50 billion by 2029 Synthetic biology is expected to disrupt the cannabinoid industry supply chain, providing access to new and larger markets for CBD and related compounds

Willow Biosciences Inc. (CSE: WLLW), a leading developer of biosynthetic production systems for high-value, plant-derived active pharmaceutical ingredients (APIs) and intermediates, is pursuing the burgeoning CBD market with a world-class partner. Willow recently announced a joint development agreement (JDA) with Noramco Inc., a leading manufacturer of cannabinoids, to collaboratively develop a yeast-based biosynthesis platform for the production and distribution of cannabidiol (CBD) (http://nnw.fm/8YcLU).

The JDA is mutually exclusive and creates an enviable arrangement designed to take advantage of each company’s unique and compelling skillsets, the news release notes. The JDA requires each company to…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to WLLW are available in the company’s newsroom at http://nnw.fm/WLLW

About NetworkNewsWire 

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive instant SMS alerts, text STOCKS to 77948

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

More Press Releases

Puerto Ricans try to forge movement to oust governor

Jul 19, 2019

SAN JUAN, Puerto Rico — Cruise passengers drifted through the streets of Old San Juan Thursday as shop owners took plywood down from store windows and painted over graffiti demanding Gov. Ricardo Rosselló resign. On a colonial plaza behind the governor's mansion, a small group of men and women laid out the shoes of people who died in the aftermath of Hurricane Maria, each decorated with a blue flower. The shoes were first laid out on the steps of the U.S. territory's capitol last year as a protest against government refusal to acknowledge the premature deaths of thousands of people...

Jerry Seinfeld learns from comedy's best on Netflix series

Jul 19, 2019

BEVERLY HILLS, Calif. — Jerry Seinfeld says he'd rather ride classic cars and sip coffee with comedy's best than reboot his uber-successful "Seinfeld" television series. Seinfeld said in an interview Wednesday night that bringing back his eponymous sitcom that recently celebrated its 30-year anniversary would be "egomaniacal." The comedian says he is focused on learning more about the "sharpest minds in comedy" through his Netflix series "Comedians in Cars Getting Coffee." The 11th season premieres Friday on the streaming service featuring Eddie Murphy. The season also includes other comedians including Jamie Foxx, Martin Short, Rick Gervais, Bridget Everett and more....

Rapper YG's home searched after deputy-involved shooting

Jul 19, 2019

LOS ANGELES — Authorities searched the Los Angeles-area home of rapper YG on Thursday in connection with a police shooting in Compton that killed a bystander earlier this month. Deputy Marvin Crowder, a spokesman for the Los Angeles Sheriff's Department, said the rapper, whose real name is Keenon Jackson, has not been implicated in the shooting and was not home at the time of the search Thursday. Crowder said several people were detained Thursday at the Hollywood Hills home but none has been arrested. The fatal shooting occurred July 3 after deputies tried to pull over a Cadillac Escalade —...

Hollywood celebrities open wallets to Buttigieg's campaign

Jul 19, 2019

WASHINGTON — A-list celebrities seem to be opening their hearts — or at least their wallets — to Pete Buttigieg. The South Bend, Indiana, mayor was a virtual unknown months ago. But he used breakout town hall performances, viral moments and his biography as a millennial, gay military veteran and a former Rhodes scholar to get the attention of the entertainment industry and rake in cash. Among the more than 50 celebrities who gave Buttigieg money during the second quarter are rocker Joan Jett ($150), recording industry mogul David Geffen ($5,600), fashion icon Anna Wintour ($2,800), designer Tom Ford ($5,600),...

Sally Field, 'Sesame Street' to receive Kennedy Center award

Jul 19, 2019

WASHINGTON — Actress Sally Field and the long-running children's TV show "Sesame Street" are in the latest class of Kennedy Center Honors recipients. Others chosen to receive the award for lifetime achievement in the arts include singer Linda Ronstadt, conductor Michael Tilson Thomas and the band Earth, Wind and Fire. The co-founders of "Sesame Street," Joan Ganz Cooney and Lloyd Morrisett, will accept the award on behalf of the show. The 42nd annual Kennedy Center Honors Gala will be held Dec. 7. The presenters and performers are usually kept secret from the honorees until the show. The event will be...

Broaden News

Reporter Pass is the only access you need to get into Hollywood. No matter it’s the red carpet event or backstage access, we’ve got you covered.

Contact us: sales@reppass.com

Award ShowsCelebrityPaparazziRoyaltyMoviesMusicTelevision Programs Press Releases