Proprietary method in collaboration with Syncom B.V. will achieve a THC purity level of Greater than 95% NEW YORK, Nov. 29, 2016 (GLOBE NEWSWIRE) -- AXIM ® Biotechnologies, Inc. (AXIM ® Biotech) (OTC:AXIM), a world leader in cannabinoid research and development, today announced that it filed an IP application with the World Intellectual Property Organization (WIPO) on a proprietary method to extract THC-A (tetrahydrocannabinol acid) from cannabis plants and to achieve THC (tetrahydrocannabinol) with higher purity than conventional methods. This invention relates to a method to extract THC-A from cannabis flower using a non-polar solvent, wherein the yield is approximately 50 - 70% with regards to THC-A content in the starting material. A neutral metal salt or inorganic base solution saturated with the metal neutral salt and adjusted to basic pH enables separation of the THC-A layer and significantly increases the yield. THC-A is decarboxylated in a water/ethanol solution to give THC at a purity higher than 95%. The IP was generated in collaboration with Syncom B.V., a Netherlands-based leading company in custom synthesis solutions for pharmaceutical and biotech industry. "We are pleased to announce the IP application of our own THC extraction method. There are many THC-based products on the market but none are pure grade. Our application, developed in conjunction with Syncom, is a game changer as the extraction method produces THC in the purest form. In addition, this new method will allow us to have the highest THC yields with no heavy metals, solvents or other unwanted residues," said George E. Anastassov, MD, DDS, MBA and Chief Executive Officer of AXIM® Biotech. "This new extraction application attests to the high competence of the AXIM research and development team, and will go a long way in supporting our mission in finding cannabinoid-derived solutions for health conditions with no known cure."