TIDMANA

RNS Number : 5025A

Ananda Developments PLC

23 January 2024

ANANDA DEVELOPMENTS PLC

("Ananda" or the "Company")

Ananda appoints Scientific Advisers

Ananda Developments Plc ('Ananda'), a company whose ambition is to be a leading provider of cannabinoid-based medicines for the treatment of complex, chronic inflammatory pain conditions, is pleased to announce the appointment of Professor Cherry Wainwright and Dr. Katie Sloper, PhD as scientific advisers to assist the Company in developing its in-house capabilities and pipeline of clinical trials.

Professor Cherry Wainwright is a pharmacological research expert with over 42 years of experience and is the President Elect of the British Pharmacological Society ('BPS'), a charity with a mission to promote and advance the whole spectrum of pharmacology (the scientific study of the effects of drugs and chemicals on living organisms). The BPS leads the way in the research and application of pharmacology around the world and has over 4,000 members from more than 60 countries worldwide. Cherry will advise the Company on its drug development activities, areas of potential unmet need that could benefit from Ananda's medicines, and clinical trial activities including protocol development.

Dr. Katie Sloper, PhD is a medical research expert with a particular focus on the therapeutic profile of cannabis-based medicines and innovative approaches to cancer treatment. Katie's work with Ananda will focus on developing the Company's scientific understanding of cannabidiol and its mechanisms of action, with a particular focus on chronic pain and inflammation. Katie will help the Company to continually refine its scientific approach and identify potential new areas for clinical investigation.

Ananda's Chairman, Charles Morgan, commented "Having worked with Cherry and Katie for some time, I am delighted that they are joining Ananda as scientific advisers to support our objective of gaining approval for MRX's cannabis-based formulations to be used in the NHS. Strengthening our team with these highly regarded scientists will both enhance our scientific capabilities and help us to target our research and development efforts even more effectively. It is also a huge opportunity for Ananda to explore new areas of potential unmet need where our cannabinoid medicines could benefit patients"

Adviser Biographies

Professor Cherry Wainwright

Cherry graduated from the University of Aberdeen with a BSc (Hons) in Pharmacology and subsequently the University of Strathclyde with a PhD in Cardiovascular Pharmacology. Her research career spans more than 42 years, with over 20 years spent at Strathclyde University before moving to Robert Gordon University in Aberdeen where she spent 8 years as the Director of the multi-disciplinary Institute for Health & Wellbeing Research and was the lead in Cardiometabolic Health Research and Co-Director of the Centre for Natural Products in Health.

Throughout her career, Cherry has worked continuously in collaboration with industry conducting research on the identification of novel therapeutic targets of cardiovascular diseases. For the last 20 years her focus has been on the influence of endocannabinoids and phytocannabinoids on various cardiovascular disorders (ischaemia/reperfusion, cardiac fibrosis), vascular (atherosclerosis, restenosis) injury and cardiac energy regulation.

Cherry has published around 100 full original articles and invited reviews and holds 3 patents. She is a Fellow of the British Pharmacological Society, for which she is currently President Elect.

Dr. Katie Sloper, PhD

Katie graduated from the University of New England with a BSc in Biochemistry, Microbiology and Nutrition, receiving several university Prizes for Excellence. Katie was then the recipient of the University Medal at the Australian National University (ANU) for her Honours thesis on DNA damage repair pathways. Katie subsequently completed her PhD at ANU with a focus on cancer research, before completing postdoctoral fellowships in both Australia and the USA.

In addition to her medical research Katie has over 15 years working in healthcare across both public and private sectors, including as a Senior Policy Advisor to the Queensland Minister for Health and a Member of the Pharmacy Board of Australia. Katie's medical research has recently focussed on understanding the therapeutic profile of cannabis-based medicines and investigating innovative approaches to cancer treatment.

To stay abreast of the latest developments at Ananda, we encourage you to follow our social media channels which are:

   --              Investor Hub: investors.anandadevelopments.com 
   --              Instagram: https://instagram.com/anandadevelopments?igshid=YmMyMTA2M2Y= 
   --              LinkedIn : https://www.linkedin.com/company/anadevelopments/ 
   --              Twitter : https://twitter.com/AnandaPlc 
   --              Investor Meet Company: https://www.investormeetcompany.com/ananda-developments-plc/register-investor

-Ends-

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

For more information please contact:

 
 InvestorHub                                        Sign up at investors.anandadevelopments.com 
  Engage with us directly at Ananda Developments 
  Investor Hub 
 ANANDA DEVELOPMENTS PLC                            +44 (0)7463 686 497 ir@anandadevelopments.com 
  Chief Executive Officer 
  Melissa Sturgess 
 
  Executive Director 
  Jeremy Sturgess-Smith 
 SP ANGEL CORPORATE FINANCE LLP 
  Corporate Finance 
  Richard Morrison 
  Harry Davies-Ball                                 +44 (0)20 3470 0470 
 Corporate Broking 
  Abigail Wayne 
  Rob Rees 
 Yellow Jersey PR 
  Charles Goodwin 
  Soraya Jackson                                    +44 (0)20 3004 9512

About Ananda Developments

Ananda is an AQSE-listed company whose ambition is to be a leading provider of cannabinoid-based

medicines for the treatment of complex, chronic inflammatory pain conditions.

For further information on the Company visit https://anandadevelopments.com/ or sign up at https://investors.anandadevelopments.com/ .

https://investors.anandadevelopments.com/link/NPwEwe

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