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Bullboard - Stock Discussion Forum Traxion Sab De Cv Ord Shs GRPOF

Grupo Traxion SAB de CV is a Mexico-based company engaged in the transportation sector. The Company provides logistics services within eight business areas: Fright, including intermodal and multimodal services, door-to-door, national and cross-border distribution, among others; Integrated logistics, including logistics management, aerial and maritime services and custom transportation support... see more

PINL:GRPOF - Post Discussion

Traxion Sab De Cv Ord Shs > Reply from TBP on Facebook about Dec 9 news
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Post by Derby44 on Dec 12, 2017 12:36pm

Reply from TBP on Facebook about Dec 9 news

Tetra Bio-Pharma Health Canada is asking us to switch 2 steps of the submission process. Usually, the GMP certification is evaluated after the phase 3 clinical trial for a drug. As this this the first cannabis phase 3 trial and the active ingredient (API) is a plant, OCT (Office of Clinical Trials) recognizes they are outside of the regulations. They want to make sure of the quality of our API, so Health Canada will assess Aphria's operations for Good Manufacturing Practices (GMP) for pharmaceutical products before the beginning of the phase 3 instead. As those 2 steps had to take place for the DIN submission anyway, this should not affect our time to market for PPP001. 
This is actually good news because it ensures the quality and safety of our product for patients and a GMP certification should reassure doctors who are reluctant prescribing cannabis.
Comment by jackthebear1 on Dec 12, 2017 1:16pm
Thanks for sharing
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