The final details pertaining to the local Medicinal Cannabis Scheme were announced towards the end of 2019, and since then Kiwi officials have been striving to ensure that research and development licence-holders are well equipped to take the next steps. These include applying for commercial cultivation and manufacturing licences, so that local companies are able to start production.
Finally launched on April 1st 2020, the scheme is believed to have a significant impact on many patients who will be benefiting from the medicinal compound. Moreover, it will expand the country’s economy via exporting opportunities and the multiple industries involved in sales and production, adding to the country’s GDP. The initiative is operating via GMP (Good Manufacturing Practice) standards, which will ensure the quality and consistency of cannabinoid-based medicines. This serves to assure medical practitioners that they are prescribing safe and high quality products.
Hosted by NZTech, in association with BioTechNZ, MedCan Summit 2021 will once again bring together industry, healthcare professionals, scientists, government, and patient advocates. Prospective delegates, sponsors, and exhibitors are now encouraged to save the date and register their interest at MedCan’s dedicated website.
“This year’s focus will be on providing solutions and practical advice on the issues and challenges we’re facing, including exporting, investment, and regulation. We will also examine the latest medical and scientific findings, as well as breakthrough technologies, globally,” says Zahra Champion, Executive Director of BioTechNZ and MedCan Summit 2021 organiser.
“We are currently researching and developing the agenda with industry and our advisory group to ensure we deliver to delegates the most relevant, up-to-the-minute content and expert speakers from around the world – either in person or via video link,” she added.
“A format that fosters education and collaboration”
The full agenda of the summit will be available in June. “It’s a format that fosters education and collaboration in the pursuit of innovation. Last year we had over 30 international and local subject experts sharing the latest information, learnings, and first-hand insights on this whole new frontier of care. MedCan Summit 2021 will build on that – 18 months on from the country’s Medicinal Cannabis Scheme taking effect,” said Champion.
MedCan Summit 2021 is organised by NZTech and BioTechNZ – a not for profit, membership-funded organisation with the goal of maximising New Zealand’s bioscience and technology capability to create a strong New Zealand bioeconomy. BioTechNZ is part of the New Zealand Tech Alliance.