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Medical Pharma starts commercialization in Germany with exclusive strategic partnership for the distribution of a new medical cannabis product from Canada

12-16-2021 01:48 PM CET | Health & Medicine

Press release from: Medical Pharma Resource GmbH

Pharmaceutical manufacturer and wholesaler for medical-cannabis products

Pharmaceutical manufacturer and wholesaler for medical-cannabis products

Langenfeld (Rhld.), 15. December 2021
Medical Pharma Resource GmbH (Medical Pharma) based in Langenfeld (Rhld.) is starting with exclusive strategic partnership to distribute a new medical cannabis product on the German market. With a view to providing this high-quality medicine to patients throughout Germany via pharmacies, Medical Pharma has signed an exclusive partnership with Beacon Medical Germany GmbH.

Medical Pharma promotes high quality cannabis products-based treatment methods that target unmet medical needs of patients. The company sees great potential in the treatment of various disease symptoms through numerous international research results on phytocannabinoids.

Since the company was founded, national and international collaborations have been established in this regard with partners in the areas of analytical testing, narcotics manufacturing, narcotics storage, cannabis producers and logistics. Medical Pharma is still in international negotiations with various producers from different countries to import, manufacture and distribute products under the brand name "MPRCanna®" and partner products.

In line with this, the company prepared internally for the granting of the manufacturing license according to § 13 AMG and for the import license according to § 72 AMG. The preparations were completed at the end of October 2021. The company is currently awaiting written confirmation of the date for the inspection by the authorities.

By the end of February 2022, Medical Pharma is expected to have all licenses to import its own products and those of its partners.

The exclusive partner, Beacon Medical Germany GmbH, is a German subsidiary of Canada-based VIVO Cannabis Inc.

The exchange listed VIVO Cannabis Inc. is a Canadian company that is active in the cultivation, production and marketing of cannabis products. Its subsidiary ABcann Medicinals owns a medical cannabis flower production facility in Napanee - Ontario, Canada. In March ABcann Medicinals' Vanluven facility has received EU-GMP certification in accordance with GMP Vol. 4 - Part 1, by the Brandenburg Health Authority, the State Office for Occupational Safety, Consumer Protection and Health ("LAVG "). The certification allows VIVO, through ABcann Medicinals, to export products for sale in European and other markets for which products must be manufactured according to strict GMP standards.

At the same time, Beacon Medical Germany GmbH received an import license from the authority to import Napanee medical cannabis flowers into Germany and the EU.

"The exclusive partnership with VIVO's German subsidiary, Beacon Medical Germany GmbH, is a great strategic success for both partners. Our many years of experience will ensure that new quality standards in therapy with medical cannabis are set for patients in Germany. Through its Harvest Medicine subsidiary, a patient-centered network of medical cannabis clinics owned by VIVO over 150,000 patient visits have been managed," explains Engin Ates, CEO and Co-Founder of Medical Pharma Resource GmbH, who has also been successfully participating in cannabis therapy as a pain patient himself for years.

Public Relations - Medical Pharma Resource
Name: Dr. Daniel König
Telephone: +49 (0) 2173 940 95 91
E-Mail: presse(ät)mp-resource(.)com

About Medical Pharma Resource ®
Medical Pharma Resource (Medical Pharma) GmbH was founded at the end of 2018 with the head office in Langenfeld. The pharmaceutical company focuses on the import, storage, manufacturing, distribution and export of prescription medical cannabis products and applicators.

Medical Pharma is a licensed pharmaceutical wholesaler according to § 52a of the German Medicines Act (AMG) and has a permit to handle narcotics according to § 3 of the German Narcotics Act (BtMG).

Currently, internal preparations are completed for the granting of the manufacturing license according to § 13 AMG and the import license according to § 72 AMG.

The Philosophy of Medical Pharma
The core of Medical Pharma's business philosophy is simple and straightforward. To provide patients with high-quality medical cannabis products in a timely and continuous manner.

Medical Pharma has set itself the goal to select high-quality manufacturers to consider important criteria to serve patients with unmet medical needs.

The company's own products, partner products and selected products of German competitors will be offered via the Medical Pharma sales platform.

For more information, please visit: www.mp-resource.de or www.mp-resource.com

About VIVO Cannabis™
VIVO Cannabis is recognized for trusted, premium cannabis products and services in Canada It holds cultivation, processing and sales licenses from Health Canada and operates world-class state of the art indoor and seasonal cultivation facilities. VIVO has a collection of premium brands in Canada, each targeting different customer segments, including Canna Farms ™, Beacon Medical ™, Fireside ™, Fireside-X ™ und Lumina ™. Harvest Medicine™, VIVO's client-centric, scalable network of medical cannabis clinics, has serviced over 150,000 patient visits. VIVO is pursuing several partnership and product development opportunities and is focusing its international efforts on Germany and Australia.

For more information, visit: www.vivocannabis.com or www.beaconmedical.de

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