IPI is working with our Open Innovation partner from UK to identify and engage with recognised scientists, research organisations and research tools working in the cannabinoid (and related compounds) global market.
The client has established various product brands serving the consumer lifestyle market and is investigating the development of a range of cannabinoid-based products for use in health and lifestyle applications. With an increasing number of products based on this group of compounds derived from the cannabis (hemp) plant, the client has a particular focus on those targeted for consumers directly (rather than for medicinal applications). Whilst CBD is a well-known cannabinoid, there are a host of additional compounds naturally present in the plant which are thought to contribute to an efficacious final product. Products commonly target different end effects such as pain/inflammation, relaxation, and promote sensory enjoyment, but claims are often based on anecdotal evidence and lacking established scientific knowledge or relevant data sets to support the product’s effective use. Consumers are beginning to question the validity of such product claims, and companies such as our client seek the fundamental science knowledge to support their future product development initiatives and claims.
The client is continually seeking to ensure their products are based on established science, and therefore wishes to identify and engage with recognised scientists, research organisations and research tools working in the cannabinoid (and related compounds) global market. Their aim is to identify potential partners able to inform and assist in building their fundamental knowledge in this area and provide a network of experts to work with in supporting their ongoing product development activities.
The client company has extensive research and development capabilities, underpinned by robust laboratory and quality control processes, ensuring it can research, develop and commercialise an ongoing pipeline of products for its customer base. This activity requires ongoing collaboration and excellent working relationships with partners of all sizes, for which the client can offer an established process to engage with potential partners.
The following areas are of particular interest to understand: -
Fundamental Cannabinoid/terpene/terpenoid chemistry and characterisation, including:
Cannabinoid efficacy and safety for specific benefits to humans, e.g. on mood (calming/relaxation) or cognition (focus/attention), including:
All potential partners should be able to demonstrate their capability and experience in one or more of the above areas. Evidence of relevant scientific knowledge by way of patents, publications, or established work programs is essential.