| CBIS Appoints Former Upjohn Senior |
CSI Appoints Former Upjohn Senior Research Scientist Mary J. Ruwart, Ph.D. to Vice President of Research & Development (VP R&D) Further Expanding Its Team of Drug Development SpecialistsJune 12, 2009 SAN FRANCISCO--(BUSINESS WIRE)--Cannabis Science Inc. (NASD OTCBB: CBIS), an emerging pharmaceutical cannabis company, is pleased to announce the appointment of Dr. Mary J. Ruwart as Vice President of Research & Development. Dr. Ruwarts previously held the position of Senior Research Scientist at Upjohn Inc., which ultimately merged with Pfizer (NYSE: PFE) to become a part of one of the largest Pharmaceutical Companies in the world. “Dr. Ruwart is a pivotal addition to CSI,†COO Ray Carr announced today. “Her years of experience in R& D, coupled with her first-hand knowledge of the drug development process, give her the ability to guide CSI’s first product through the FDA approval process. Dr. Ruwart will be one of the most valuable members of the CSI Drug Development team; we are delighted to have her on board.†CSI intends to follow the FDA’s regulatory pathway for drug development through early clinical testing. The company will then seek a Big Pharma partner for late stage human studies and subsequent filing of its New Drug Application (NDA) with the FDA. About Mary J. Ruwart, Ph.D., Cannabis Science Inc., Vice President, Research & Development
Dr. Ruwart’s will shepherd CSI’s cannabis-based drugs through the regulatory process required to obtain FDA approval. She will also guide CSI in the patenting and licensing of its intellectual property. “It’s invaluable to have our development team led by a scientist who is a top-notch researcher as well,†Chief Scientific Officer, Dr. Robert Melamede commented. “Since cannabis influences the body’s prostaglandin balance, her expertise in this area can guide us in developing more effective products.†CEO Steve Kubby concurs. “Dr. Ruwart will be restructuring CSI’s development program to meet the highest industry standards. Dr. Ruwart will help us avoid the expensive mistakes that many pharmaceutical start-ups make. The recent addition of Ray Carr as our COO, followed by Dr. Ruwart as our Vice President of R&D gives CSI a dynamic ‘one-two’ punch in the areas of business and drug development.†The global market for oral cannabis medications has been recently estimated at almost $6 billion annually. CSI’s proprietary delivery systems, which insure rapid absorption with prolonged blood levels of active drug, are expected to give the company’s products a competitive edge worldwide. About Cannabis Science, Inc.
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