Markets

Medlab has been granted a licence to export cannabis from Australia

Shares in Medlab Clinical jumped after the biotech was granted a licence to export cannabis. A short time ago, the shares were up 11% to $0.515. The licence, issued by the Office of Drug Control, relates to Medlab’s cannabis-based medicines, NanaBis and NanaBidial. Both use Medlab’s patented NanoCelle delivery platform […]
Medlab has been granted a licence to export cannabis from Australia
Markets

Medlab now has a licence to import cannabis into Australia

Medlab Clinical Ltd has been given a licence to import cannabis into Australia. The company says this is a critical step to a clinical trial using cannabis for patients suffering intractable cancer pain. A short time ago, Medlab shares were more than 6% higher at $0.68. The licence allows the […]
Medlab now has a licence to import cannabis into Australia
Markets

Medlab is raising $5.4 million to test medical cannabis on humans

Biotech Medlab has launched a $5.36 million equity raising to fast-track human trials of medical cannabis. The 1-for-9 rights issue is at 30 cents a share. The shares last traded at 42 cents, well ahead of the year low of 16 cents. The cash will mainly be used to accelerate […]
Medlab is raising $5.4 million to test medical cannabis on humans