Cannabis Sciences Reports on introduction of H.Res. 6187
Initiative by Reps. Himes, Lee Requests $100 million to Establish AIDS Cure Research Program
August 6, 2012
COLORADO SPRINGS, Colo. — Cannabis Science Inc., (CBIS).
The executive staff of Cannabis Science are analyzing the near term implications of House Resolution 6187, introduced by Rep. James Himes (D-CT) and Rep. Barbara Lee (D-CA) on July 25, 2012 and referred to the Committee on Armed Services, and the Committee on Energy and Commerce. HR 6187 calls for a $100 million, 5-year appropriation to establish an AIDS cure research program under the Congressionally Directed Medical Research Program of the Department of Defense to support the discovery of a cure and new therapies for HIV/AIDS.
H.Res. 6187, The Cure for AIDS Act http://www.govtrack.us/congress/bills/112/hr6187 , introduced and referred to committee this July 25th, would fund research on new antiretrovirals, vaccine development, investigations into novel approaches to controlling viral diversity in highly restricted sanctuary regions and other means of addressing disease progression.
Dr. Robert Melamede, President and CEO of Cannabis Science stated, “Cannabis Science is very excited by the opportunity of this new program proposed by House Resolution 6187 to take further advantage of the momentum generated by AIDS 2012 and the consistent leadership of Representatives Lee and Himes in addressing the global AIDS crisis. This legislation serves to bring further attention to the immediate need of federal facilitation of new drug development to address the persistence of the AIDS pandemic on a global scale. New legislative initiatives such as the Cure for AIDS Act well help to move forward promising new therapeutics for HIV, such as our new CS-TATI-1 program, and potential cures. This bill encompasses support for both basic science and translational research in the pursuit of progress in treating HIV.”
The U.S. government has historically facilitated HIV drug development through RO1 and SB1 grants and inclusion in the AIDS Clinical Trials Groups (ACTG), HIV Prevention Trails Network (HPTN), HIV Vaccine Trials Network (HVTN) or Military HIV Research Program (MHRP) federally funded research networks, which has led towards the development of 5 classes of antiretroviral therapy representing 20 HIV drugs.
HIV’s ability to mutate and reproduce itself even in the presence of antiretroviral drugs, has led to a growing rate of drug resistance. Increasing drug resistance is severely limiting treatment options for HIV patients around the world, increasing direct and indirect health costs, furthering the spread of drug resistant strains of HIV and is creating a pressing need to develop new HIV drugs.
Cannabis Science’s research of CS-TATI-1 will be targeted to newly diagnosed patients infected with drug resistant virus, treatment experienced patients with drug-resistant HIV strains, and those intolerant of currently available therapies. Cannabis Science will be pursuing a wide range of NIH based Federal Research Programs such as RO1’s, PO1’s and SBIRS which exist to support preclinical development of target validation and proof of concept studies. These studies will be implemented through collaborations with leading scientific institutions. Cannabis Science will also be pursuing other clinical research collaborations including the AIDS Clinical Trials Groups (ACTG), the Canadian AIDS Trial Network (CATN) and the European AIDS Trial Network (EATN).
About Cannabis Science, Inc.
Cannabis Science, Inc. is conducting cannabinoid research and development for unmet medical needs. The Company works with leading experts in HIV drug development, medicinal characterization, and clinical research to develop, produce, and commercialize Phytocannabinoid-based pharmaceutical products. Cannabis Science is currently working with CBR International to develop a Pre-IND Application to the FDA that focuses on the transdermal delivery of CS-TATI1 topical cannabis-based preparations for the treatment of basal and squamous cell carcinomas.
Forward Looking Statements
This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. A statement containing works such as “anticipate,” “seek,” intend,” “believe,” “plan,” “estimate,” “expect,” “project,” “plan,” or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based drugs. Cannabis Science, Inc. does not undertake any duty nor does it intend to update the results of these forward-looking statements.
Cannabis Science, Inc.
Dr. Robert J. Melamede
President and CEO
VP of Investor Relations