Oxford Cannabinoid Tech.Holdings Notice of Results (5175A)

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RNS Number : 5175A

Oxford Cannabinoid Tech.Holdings

23 January 2024

Oxford Cannabinoid Technologies Holdings plc

("OCTP" or the "Company")

Notice of Results

Analyst and Investor Presentations

Oxford Cannabinoid Technologies Holdings plc (LSE: OCTP), the biotech company developing prescription cannabinoid medicines, intends to announce its results for the six-month period ended 31 October 2023, on Tuesday 30 January 2024.

Analyst Briefing, 09:30, Tuesday 30 January 2024

A briefing for analysts will be held at 09:30 GMT on the day of the results.

Analysts interested in attending OCTP's briefing should contact Acuitas Communications by emailing oct@acuitascomms.com or by calling 020 3745 0293.

Investor Presentation, 13:30, Tuesday 30 January 2024

A live online presentation to existing and prospective shareholders will take place at 13:30 GMT on Tuesday 30 January 2024 via the Investor Meet Company platform.

Questions may be submitted online pre-event via the 'Investor Meet Company' dashboard up to 09:00 the day before the meeting or at any time during the live presentation. Investors can sign up to Investor Meet Company for free and add to meet Oxford Cannabinoid Technologies Holdings plc via: https://www.investormeetcompany.com/oxford-cannabinoid-technologies-holdings-plc/register-investor

Investors who already follow OCTP on the Investor Meet Company platform will automatically receive an invitation to the event.

The Directors of the Company accept responsibility for the content of this announcement.

Enquiries:

 
 O xford Cannabinoid Technologies 
  Holdings plc                       +44 (0)20 3034 2820 
 Clarissa Sowemimo-Coker (CEO)       clarissa@oxcantech.com 
 
 Cairn Financial Advisers LLP 
 Emily Staples                       +44 (0)20 7213 0897 
 Jo Turner                           +44 (0) 20 7213 0885 
 
 Axis Capital Markets Limited 
 Richard Hutchison                   +44 (0)20 3026 0320 
 
 Acuitas Communications              020 3745 0293 / 07799 767676 
 Simon Nayyar                        simon.nayyar@acuitascomms.com 
 Arthur Dingemans                    arthur.dingemans@acuitascomms.com

About Oxford Cannabinoid Technologies Holdings Plc:

Oxford Cannabinoid Technologies Holdings plc ("OCTP") is the holding company of Oxford Cannabinoid Technologies Ltd (together the "Group"), a pharmaceutical Group developing prescription cannabinoid medicines initially targeting the US$ multi-billion global pain market.

OCTP currently has a portfolio of four drug development programmes. Its lead compound, OCT461201, will initially target neuropathic and visceral pain (including irritable bowel syndrome ("IBS") and chemotherapy induced peripheral neuropathy ("CIPN"). The global market for CIPN alone is currently forecast to reach US$1.17bn by 2028.

OCTP's drug development pipeline comprises both natural and synthetic compounds, and includes compounds targeting trigeminal neuralgia, a severe type of face pain, and cannabinoid derivatives targeting pain and potentially other therapeutic areas. Having established an exclusive licence agreement with Canopy Growth Corporation for their entire pharmaceutical cannabinoid derivative library, OCTP now has a portfolio of almost five hundred derivatives and intellectual property rights including fourteen patent families and associated research data.

OCTP has a clearly defined path to commercialisation, revenues and growth. The Group is developing drug candidates through clinical trials to gain regulatory approval (FDA/MHRA/EMA) that will enable medical professionals to prescribe them with confidence. OCTP's portfolio aims to balance risk, value and time to market, whilst ensuring market exclusivity around all its key activities.

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