DENVER – NanoSphere Health Sciences Inc. is pleased to announce that, in response to growing demand for the NanoSphere’s Evolve NanoSerum™ product, its Colorado license partner has increased production capacity at its facility.
“NanoSerum is a state-of-the-art formulation that carries a full spectrum of cannabinoids and phytochemicals with precision-metered dosing, every time,” said Dr. Richard Kaufman, NanoSphere’s Chief Science Officer. “This development is an extremely encouraging sign of market demand for new methods for cannabinoid delivery.”
“This is a watershed moment for our business,” added David Sutton, NanoSphere’s Chief Operating Officer and President. “Our partner achieved the capacity increase by switching to an ethanol distillation process whereby the facility can process 30,000 units per month.”
NanoSphere is commercializing its disruptive, next-generation nanoparticle cannabis delivery system platforms under the brand Evolve Formulas. In July 2017, Evolve Formulas launched its acclaimed NanoSerum product, the first clinically tested transdermal cannabis product to relieve pain in minutes, for the adult use and medical cannabis markets in Colorado.
“As our company gains recognition in the market place, more and more customers are discovering and embracing our necessary delivery technology,” NanoSphere Chairman and CEO Robert Sutton added. “The re-order rate of our Evolve NanoSerum product is testament to its quality and effectiveness.”
Evolve products are available in more than 70 accounts and are expected to be in over 250 accounts by year end throughout Colorado. Additionally, NanoSphere will be expanding to qualified manufacturers and operators in several states to license our delivery technology and bring the Evolve brand to new U.S. and Canadian markets, as well as, build on that success by further introducing new product applications. Each product application will deliver a unique pharmacokinetic and pharmacodynamic profile of cannabinoid activity and therapeutic applications.
