Company intelligence / Profile preview

Avextra

Ownership: Private
Development stage: Commercial

Overview

Avextra has established itself as one of Europe’s leading vertically integrated medical cannabis companies. It controls the entire value chain from cultivation in Portugal to EU-GMP certified extraction/manufacturing in Germany. The company invests heavily in R&D (~one-third of budget), collaborates closely with researchers/clinicians, runs both real-world evidence studies and RCTs targeting significant unmet needs such as oncology symptom relief and chronic pain. In addition to its own pipeline of cannabis-derived medicines, it has entered into partnerships for novel psychedelic therapeutics.

Therapeutic areas: OncologyNeurologyOther
Modalities: Plant-based medicines (cannabis-based medicinal products)Full-spectrum cannabinoid oils and extractsPsilocybin-based compounds (in partnership)
Industry: Biotech

Drug pipeline

1 asset

Avextra 10/10

Partnerships

SynQube GmbH – strategic partnership for drug development involving psilocybin clinical trial starting in the EU from 2025.Collaborations with German Pain Association/DGSacademic/research alliances through the “Avextra Alliance for Evidence.”

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