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Experts Say Medicinal Cannabis in Australia is Becoming More Affordable

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Experts Say Medicinal Cannabis in Australia is Becoming More Affordable
Levin Health

Levin Health

MELBOURNE, Australia – December 5, 2022 – (Newswire.com)

According to Levin Health, a sports science company focused on researching, developing and commercialising a range of medicinal cannabis products such as CBD oil Australia wide, research into medicinal cannabis has uncovered a clear movement away from illicit use to legal use. People using cannabis for health reasons prefer the layer of safety that comes with medically prescribed treatments. However, the Cannabis as a Medicine (CAMS20) survey found that 47% of medicinal cannabis users think it’s too expensive.

Levin Health explains that the price depends on factors like the patient’s condition, any other medication the patient may be taking in addition to medicinal cannabis, and the type of product being prescribed. Generally, patients can expect to pay between $50 and $100 per week, with the average weekly cost sitting at $79.

Since medicinal cannabis is not currently subsidised by the Commonwealth Government through the Pharmaceutical Benefits Scheme (PBS), Levin Health explains that the entire cost has to come from the patient’s pocket.

The good news is that changes to the industry are on the horizon, says Levin Health. Until now, the price of medicinal cannabis Melbourne and Australia wide has been high because 95% of products are imported from overseas countries, including Canada and the United States. 

Despite Australia being the world’s second largest medical cannabis market, Australian wages and energy prices make local production difficult. International suppliers are able to supply Australians at less than half the price.

However, that model is being turned on its head. 

Australia is in the midst of year-on-year growth in locally cultivated and manufactured medicinal cannabis products. As of May 2022, 66 cultivation licenses and 57 manufacturing licenses had been awarded in Australia and now there are around 1300 estimated employees in the industry, according to an Australian medicinal cannabis industry report.

With domestic cultivation on the rise, imports are expected to be pushed to the side, making way for a 50/50 split between imported and locally-grown or manufactured products.

The savings picked up from turning away from overseas goods are already being passed onto Australian patients. The average price per mg dropped 12% between March and September 2021, with the downward price trend expected to continue. 

Contact Information:

Levin Health

Marketing Manager

info@levinhealth.com.au

1300 053 846

Press Release Service
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Newswire.com

Original Source:

Experts Say Medicinal Cannabis in Australia is Becoming More Affordable

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Germfree Launches New Equipment Line for Sterile Product Preparation

Germfree Launches New Equipment Line for Sterile Product Preparation

Germfree Launches New Equipment Line for Sterile Product Preparation
Biosafety Cabinet

Germfree’s new Class II, Type A2 Biosafety Cabinet

LAS VEGAS – December 2, 2022 – (Newswire.com)

Germfree, a Florida based company, is introducing its new line of aseptic PEC (primary engineering control) equipment at the ASHP Midyear Clinical Meeting in Las Vegas. The newly redesigned equipment includes Laminar Flow Hoods, Biological Safety Cabinets, and Cleanroom Pass-Through Boxes.  These new products build on Germfree’s 60 years of aseptic PEC expertise in both the hospital compounding and pharmaceutical industries. The equipment has been designed to meet and exceed the strict cGMP and USP / regulatory requirements found in these industries.  

“The USP and standards have changed the working environment for many in the compounding industry,” said Ryan Henry, Marketing and Product Segment Manager at Germfree. “We listened to our customers and responded with new designs that are ideally suited for cleanroom use, enhancing the cleanability, durability, and ergonomics that they have come to expect from our products.”

All of the new products are constructed from stainless steel, both in the work areas and on the exterior of the units. The new biosafety cabinet line features an automatic, adjustable, tempered glass sliding sash and touch screen controls that come pre-loaded with instructional videos on proper usage and care for the equipment. The laminar flow line includes touch controls and low glare LED lights integrated into the work area. Both units have a night mode setting that allows the hood to remain running during periods of non-use while reducing energy consumption.

The cleanroom pass-through boxes utilize mechanical interlocks to only allow one door to be open at a time. The active HEPA purge cycle is triggered by closing either door while the interlocks remain locked until the cycle is complete. These units have been designed with an upward door swing that reduces the equipment footprint and allows for universal installation.

“Providing aseptic environments to the hospital compounding and pharmaceutical industries has been incredibly important to Germfree going back to our founding in 1962,” said Kevin Kyle, CEO of Germfree. “We are proud to be able to continue to serve these vital industries and innovate products that prevent sterile product contamination and protect patient safety.”

About Germfree: Germfree Laboratories LLC creates environments that serve life science innovation and advance global health. The company, founded in 1962, designs, engineers and manufactures equipment and facilities to serve the compounding pharmacy, biopharmaceutical and biocontainment industries throughout the world. 

Contact Information:

Ryan Henry

Marketing and Product Segment Manager

rhenry@germfree.com

386.265.4300

Press Release Service
by
Newswire.com

Original Source:

Germfree Launches New Equipment Line for Sterile Product Preparation

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