DES MOINES, Iowa (November 28, 2017) — Today the Iowa Department of Public Health issued a notice of intent to award a manufacturing license to manufacture medical cannabidiol in Iowa to MedPharm Iowa, LLC.
MedPharm Iowa will innovate, manufacture and formulate medical cannabidiol. The Iowa-based company will be obtaining intellectual property from MedPharm Colorado, a Denver-based company specializing in phytopharmaceuticals. The newly formed Iowa company is owned by Dr. Chris Nelson, President and CEO of Kemin Industries, a global ingredient company headquartered in Des Moines, Iowa.
“With the creation of MedPharm Iowa, we will use our innovative expertise and experience with scientifically sound research to assist those dealing with chronic pain, cancer, debilitating diseases and possibly help alleviate the opioid epidemic in Iowa,” said Dr. Nelson. “For more than five decades, the Nelson family has owned and operated Kemin, and we have dedicated our careers to improving the quality of life for billions of people around the world.”
Guided by the expertise of Dr. Nelson, MedPharm Iowa will work to standardize the extraction and manufacturing processes, add scientific rigor to innovation and serve an unmet need in the Iowa market for medical cannabidiol. MedPharm Iowa will have an agreement in place with Kemin to contract for a range of services. The company will have a state-of-the-art growing and manufacturing facility located on the Kemin campus in Des Moines, and will be investing millions of dollars into the state of Iowa.
“The Nelson family believes the answers to the world’s problems exist in nature and science, and we are determined to find those solutions with extensive research and thoughtful product development. I believe botanicals, including the cannabis plant, offer endless possibilities. It is only with innovative vigor and established good manufacturing practices that such botanicals can make an impact to improve lives. MedPharm Iowa aspires to improve the quality of life for those in Iowa who seek natural, scientifically proven solutions to improve daily life when dealing with debilitating medical conditions.”
— Dr. Nelson
According to Iowa law, MedPharm Iowa must start supplying medical cannabidiol by December 1, 2018.
About MedPharm Iowa
MedPharm Iowa is a newly formed company that will innovate, manufacture and formulate medical cannabidiol for delivery in Iowa. MedPharm Iowa is dedicated to manufacturing high-quality products and solutions for Iowans dealing with debilitating medical conditions.
Lauren Burt, firstname.lastname@example.org