CannPal Animal Therapeutics Limited announced that it has commenced Phase 1B of the Pharmacokinetic and Safety study for CPAT-01D, a cannabis-derived veterinary medicine being developed as a pain control in dogs. Phase 1B is a continuation of the Pharmacokinetic and Safety Study which started earlier in 2018 and showed excellent safety and tolerability for CPAT-01. Phase 1B builds on the pilot data already generated, and includes additional endpoints. After completing clinical screening and veterinary examinations, 48 dogs were enrolled for this study, including adult Beagles and Foxhounds of both sexes and over wide weight and age ranges. Phase 1B will proceed in two stages, with Beagles commencing dosing September 3rd 2018 and Foxhounds to follow in fourth quarter CY18. Phase 1B: study design: Dose ranging + pharmacokinetic + safety study, 48 dogs (40 treated /8 control), 1 NSW purpose-built research site, Mixed beagles and foxhounds and Various weight, age, and sexes. Phase 1B: endpoints: Pivotal GLP pharmacokinetic data to support regulatory submissions. Early indication of the dose range. Cannabinoid impact on identified gene expression targets. Tolerability at up to 5x estimated dose of THC and CBD. The study is designed to demonstrate cannabinoid pharmacology in dogs according to Good Laboratory Practice (GLP) as a first step in generating pivotal data for regulatory submissions. It will also provide an initial indication of the dose range and tolerability at five times the estimated dose, in preparation for future pivotal safety studies required by regulatory bodies. As part of Phase 1B, the Company has also implemented advanced gene expression analysis using RT-PCR arrays customised for CannPal to examine the up-regulation or down- regulation of genes in known pain and inflammatory pathways specific to dogs. Over 350 genetic markers are being analysed before and after consumption of cannabinoids to further support the understanding of the mode of action and effects of cannabinoids on pain and inflammation. This innovative approach in the pharmaceutical development of animal health products has potential to allow better understanding of the effects of cannabinoids in dogs in a shorter amount of time and with fewer animals. With the results from these Phase 1A and B studies, the Company plans to prepare to file an Investigational New Animal Drug (INAD) application with the United States (US) Food and Drug Administration (FDA) and will begin designing the protocol for the Company's pilot dose determination study to commence in H1 CY19, which will include client-owned animals with osteoarthritis.