05 Jun 2019 --- Cannabinoid (CBD) manufacturer Noramco and Willow Biosciences, a developer of biosynthetic production systems for plant-derived active pharmaceutical ingredients (APIs), will collaboratively develop a yeast-based biosynthesis platform for the production and distribution of CBD. Within the exclusive Joint Development Agreement (JDA), Willow Biosciences will be responsible for optimizing yeast strains in a biosynthetic process that will generate “ultrapure” CBD at high yield and a substantially lower cost compared to current methods. Because of its existing expertise in the production of CBD and related compounds, and experience in delivering these in clinical and pharmaceutical applications, Noramco will be responsible for scale-up, regulatory submission, marketing and distribution.
