InMed Pharmaceuticals Shifts Focus to Therapeutic Programs, Ends BayMedica’s Non-Pharmaceutical Cannabinoid Sales

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InMed Pharmaceuticals has announced a strategic shift to prioritize its pharmaceutical development pipeline, discontinuing the commercialization of non-pharmaceutical cannabinoid products under BayMedica. This decision aims to reallocate resources towards core pharmaceutical research and development, particularly focusing on treatments for dermatological and neurological conditions using rare cannabinoids. The move reflects InMed’s commitment to advancing its clinical-stage programs and optimizing operational efficiency.

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