Dutch company wants to sell cannabis pills

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Echo Pharmaceuticals expects to bring the world's first cannabis pill onto the market within five years.

24 January 2008

AMSTERDAM – Pharmaceutical company Echo Pharmaceuticals expects to bring the world's first cannabis pill onto the market within five years.

The Dutch company believes there is a potential worldwide market worth EUR 4 billion for such a pill. Geert Woerlee, CEO of Echo Pharmaceuticals, said this on Wednesday.

The pharmaceutical company has competition from Canadian company Cannasat, which is also working to develop a cannabis pill. The pill is intended for medicinal purposes.

Research shows that medicines containing cannabis can help patients suffering from Parkinson's disease, multiple sclerosis (MS) and migraines, Woerlee said.

Echo Pharmaceuticals has raised EUR 3 million in capital to secure an official registration as medicine. If this registration is secured, then the pharmaceutical company wants to work with another company or investor to bring the medicine onto the market. Woerlee thinks that a worldwide market share of 20 to 30 percent is a realistic possibility.

[Copyright Expatica News + ANP 2008]

Subject: Dutch news

2 Comments To This Article

  • Wolf posted:

    on 22nd August 2009, 10:58:17 - Reply

    It's about time! The hysteria about cannabis (while smoking and obesity are still tolerated ... and their consequences have to be paid for by healthy taxpayers' money) is absolutely ridiculous!
    I hope, the Dutch company is going to make a lot of money with this pill!
    Forcing people suffering from cancer-related pain or back-problems into illegality is inhuman!
  • Resolutionary posted:

    on 20th March 2008, 23:06:14 - Reply

    awesome.
    with all the depression-causing crap in the world, a nice little marijuana pill should be available globally, without a prescription!!! :D