{"id":2900,"date":"2016-11-30T19:48:58","date_gmt":"2016-11-30T19:48:58","guid":{"rendered":"http:\/\/www.medicalmarijuanainc.com\/?p=18516"},"modified":"2016-11-30T19:48:58","modified_gmt":"2016-11-30T19:48:58","slug":"axim-biotechnologies-named-top-5-biotech-stocks-2016","status":"publish","type":"post","link":"https:\/\/medicalmarijuanainc.com\/2016\/11\/30\/axim-biotechnologies-named-top-5-biotech-stocks-2016\/","title":{"rendered":"AXIM\u00ae Biotechnologies Named to Top 5 Biotech Stocks of 2016"},"content":{"rendered":"

Despite troubles among most biotech companies this past year, some companies, like AXIM\u00ae Biotechnologies, were able to capitalize on market positioning, new innovations, and investor excitement to make major stock price gains.<\/span><\/em><\/h3>\n

Medical Marijuana, Inc. investment company AXIM\u00ae Biotechnologies has seen a wave of good news this fall, sending the company\u2019s stock on a 2000% increase year to date and causing <\/span>Fox Business<\/span><\/a> to name them to their Top 5 biotech stocks for the year. AXIM\u00ae \u00a0stock prices outgained all others on the list by nearly 1500 points, placing them on the top of the list. <\/span><\/p>\n

Most recently, the company announced that it <\/span>filed an intellectual property (IP) application<\/span><\/a> for its proprietary method to extract high purity THC. Standardizing this stage in its process is critical to the company\u2019s development of cannabinoid-based pharmaceuticals and protects its innovation, placing AXIM\u00ae in a competitive position to dominate the market. <\/span><\/p>\n

This news came on the heels of AXIM\u00ae being <\/span>granted an extension<\/span><\/a> on their exclusive patent on delayed-release cannabidiol gum to include all cannabinoids. The extension gives AXIM\u00ae Biotechnologies a unique opportunity to develop their cannabinoid-infused chewing gum for a range of medical indications. <\/span><\/p>\n

\u201cThis new patent extension is a huge step forward for AXIM\u00ae as it now encompasses an additional 85+ cannabinoids, as well as the unlimited combinations of these therapeutic compounds,\u201d Medical Marijuana, Inc. CEO Dr. Stuart Titus said on news of the funding. \u201cThis is strategically important for AXIM\u00ae as the company searches for answers to specific disease indications \u2013 utilizing both botanical and\/or synthetic cannabinoid formulations. No other group may introduce a rival cannabinoid product with this delivery mechanism.\u201d<\/span><\/p>\n

Earlier in the year, AXIM\u00ae announced that it had <\/span>secured the necessary funding<\/span><\/a> to move forward on several cannabinoid-based clinical trials, including trials on its MedChew\u00ae RX, CanChew\u00ae Plus, and AX-1602 topically applied cannabinoid ointment. The company also published a <\/span>development pipeline chart<\/span><\/a> to reveal their new drug schedule for the coming months and years. <\/span><\/p>\n

\"canchew-cool-mint\"Just before Thanksgiving this year, AXIM\u00ae <\/span>donated<\/span><\/a> 3,200 pieces of its CBD-infused CanChew\u00ae gum to the U.S. Pain Foundation to support the organization\u2019s goal of empowering those who suffer from chronic pain.<\/span><\/p>\n

\u201cWe are honored to support an organization that dedicates itself to helping those with chronic pain, a national epidemic that affects nearly 100 million Americans,\u201d said Dr. George E. Anastassov, CEO of AXIM\u00ae Biotechnologies. \u201cLike the U.S. Pain Foundation, AXIM also believes in making an impact on individuals\u2019 well-being, which we do through products that treat conditions for which there is currently no effective remedy.\u201d<\/span><\/p>\n

Stay up to date with the progress of AXIM\u00ae Biotechnologies and other Medical Marijuana, Inc. investments by following our <\/span>news feed<\/span><\/a>.<\/span> \t<\/p>\n","protected":false},"excerpt":{"rendered":"

Despite troubles among most biotech companies this past year, some companies, like AXIM\u00ae Biotechnologies, were able to capitalize on market positioning, new innovations, and investor excitement to make major stock price gains. Medical Marijuana, Inc. investment company AXIM\u00ae Biotechnologies has seen a wave of good news this fall, sending the company\u2019s stock on a 2000% […]<\/p>\n","protected":false},"author":1,"featured_media":2795,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[160,3,162],"tags":[183],"class_list":["post-2900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-axim-biotechnologies","category-company-news","category-media-coverage","tag-axim-biotechnologies"],"yoast_head":"\nAXIM\u00ae Biotechnologies Named to Top 5 Biotech Stocks of 2016 - Medical Marijuana, Inc.<\/title>\n<meta name=\"description\" content=\"AXIM\u00ae Biotechnologies was able to capitalize on market positioning, new innovations, and investor excitement to make major stock price gains this past year.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AXIM\u00ae Biotechnologies Named to Top 5 Biotech Stocks of 2016 - 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