UK LEADER IN BREAKTHROUGH MEDICINES

Improving quality of life for patients

WHAT WE DO

MANUFACTURE | SUPPLY

An EU-GMP licensed 100,000 sq ft UK facility, producing active pharmaceutical ingredients

CLINICAL TRIALS

An MHRA-approved clinical trial in chronic pain, with further studies progressing in endometriosis and other unmet needs

R&D PIPELINE

In-house IP generation and a development pipeline of prescription medicines, including a partnered programme in autism spectrum disorder

OUR MISSION

Celadon’s mission is to improve quality of life for patients most in need by developing
breakthrough medicines

Celadon was founded in 2018 to develop prescription medicines for patients who aren’t well served by what’s currently available.

Everything at Celadon starts with improving patients’ quality of life. The primary focus is on two of the largest underserved patient populations in the market: chronic pain and endometriosis.

Chronic pain affects an estimated 8 million adults in the UK, 50 million in the US and 100 million across Europe, where the limitations of opioid-based treatment are now well documented and the search for non-opioid alternatives is a stated public-health priority.

Endometriosis affects around 1 in 10 women of reproductive age, approximately 1.5 million in the UK and 190 million worldwide, and costs the UK economy an estimated £8.2 billion a year in healthcare, lost work and care. As the second most common gynaecological condition in the UK, it is served largely by analgesics, hormonal therapies and surgery, with effective non-hormonal options conspicuously absent.

Celadon operates as a vertically integrated pharmaceutical company, with the manufacturing capability, regulatory authorisations and clinical programme to deliver on its patient-first mission.

Its EU-GMP licensed 100,000 sq ft facility combines cultivation, extraction and Delta-9 THC production on a single site, manufacturing active pharmaceutical ingredients under MHRA and Home Office Controlled Drug authorisation covering Schedules 1 and 2.

The company’s MHRA-approved chronic pain trial, conducted through its subsidiary LVL Health, is designed to generate the data set needed to support NHS reimbursement, alongside a programme in endometriosis.

In-house R&D continues to generate novel intellectual property, and a partnership with biopharma Kingdom Therapeutics is developing a licensed prescription medicine for autism spectrum disorder.

OUR JOURNEY

In a market with significant regulatory and capital barriers to entry, Celadon is building the UK’s leading pharmaceutical cannabinoid company. 

2018

Celadon founded after medical cannabis legalisation in UK.

2019-20

Celadon applies to UK regulators and MHRA, helping create the UK’s regulatory framework for cultivation and production.

2021

Celadon successfully granted licence by UK regulators for legal cultivation of test batches of high THC cannabis.

2021

Phase 1 of construction is completed at Celadon’s 100,000 sq ft UK facility, and first harvest is completed.

2021

Acquisition of majority shareholding in LVL Health , which has the only MHRA conditionally approved chronic pain trial using cannabis based medicines.

2021

Acquisition of minority stake in Kingdom Therapeutics, a UK leading biopharma developing a licensed cannabinoid treatment for autism spectrum disorder.

2022

Phase 2 construction begins, which will take Celadon’s cultivation capacity to around 3 tonnes once complete.

2022

Celadon completes in 7th harvest in the summer of 2022, to support its MHRA application for EU-GMP for its high-THC cannabinoid API.

2022

LVL’s chronic pain trial enrols its first patients, with early results very promising for the reduction of pain (and opioid usage) and increasing sleep.

2023

Celadon receives its GMP registration from the MHRA, following a successful site inspection.

2024
US Drug Enforcement Administration

First international shipment is approved to a U.S. DEA-licensed customer, establishing compliant export into the U.S. market.

2025
General Pharmaceutical Council

Grant of the General Pharmaceutical Council (GPhC) licence supports regulated pharmaceutical supply and contributes to shorter patient waiting times in the UK.

2026

Celadon granted updated licence by UK regulators allowing the commercial sale of its pharmaceutical product.

2026

Semi-Synthetic Delta-9 THC, extending the company's pharmaceutical manufacturing capability into synthesised API alongside its plant-derived route.

2026
Endometriosis Treatment Celadon

Launch of Celadon's propretary Delta-9 THC vaginal pessary, with an obersational study initiated in patients with endometriosis-associated pain.

BUILDING ON STRONG FOUNDATIONS

Discover more about our company, explore our achievements, and read the latest updates

WORKING WITH REGULATORS

Celadon holds MHRA EU-GMP certification for the manufacture of active pharmaceutical ingredients, a Home Office Controlled Drug Licence covering Schedules 1 and 2, and a General Pharmaceutical Council registration supporting regulated pharmaceutical supply.

Celadon's UK facility produces active pharmaceutical ingredients under EU-GMP for regulated API supply into the prescription medicines market. The capability is held by a small number of UK companies, and underpins the company's pipeline of prescription medicines.

CANPAIN, Celadon's MHRA-approved chronic pain clinical trial conducted through subsidiary LVL Health, is a regulator-sanctioned study designed to generate the data required to support NHS reimbursement. A separate observational study in endometriosis runs in parallel.

 

ENVIRONMENT

Celadon uses a highly controlled indoor cultivation environment in order to produce plants to the tightest pharmaceutical tolerances and cannabinoid content. Hydroponics is used to grow plants in a soilless substrate, with mineral salts dissolved into high quality filtered water and delivered direct to the roots of the plant. Micro-zoned sensors monitor every aspect of the environment in real time; from the room’s temperature, lighting cycles and humidity, to the plant’s mineral absorption and transpiration rates. This allows Celadon to build a data bank of optimal growing conditions for each strain, as well as adjust the room automatically.

TRACKING

Celadon has a bespoke “track and trace” system throughout the production process, providing complete transparency. Each plant is given a unique QR code, allowing it to be traced from its origins through to the final product. IOT boxes are used to automatically feed data into the system, from environmental data to the product’s weight, at each stage of production. This provides full visibility over the production process, as well as inventory tracking and accurate cost analysis which feeds into our accounting systems.

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Medical Cannabis Market, Transparency Market Research May 2022

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Stannard et al, (2016) Traditional opioids for chronic non-cancer pain: untidy, unsatisfactory, and probably unsuitable

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Stannard et al, (2016) Traditional opioids for chronic non-cancer pain: untidy, unsatisfactory, and probably unsuitable

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Stannard et al, (2016) Traditional opioids for chronic non-cancer pain: untidy, unsatisfactory, and probably unsuitable

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ENVIRONMENT

Celadon uses a highly controlled indoor cultivation environment in order to produce plants to the tightest pharmaceutical tolerances and cannabinoid content. Hydroponics is used to grow plants in a soilless substrate, with mineral salts dissolved into high quality filtered water and delivered direct to the roots of the plant. Micro-zoned sensors monitor every aspect of the environment in real time; from the room’s temperature, lighting cycles and humidity, to the plant’s mineral absorption and transpiration rates. This allows Celadon to build a data bank of optimal growing conditions for each strain, as well as adjust the room automatically.

TRACKING

Celadon has a bespoke “track and trace” system throughout the production process, providing complete transparency. Each plant is given a unique QR code, allowing it to be traced from its origins through to the final product. IOT boxes are used to automatically feed data into the system, from environmental data to the product’s weight, at each stage of production. This provides full visibility over the production process, as well as inventory tracking and accurate cost analysis which feeds into our accounting systems.

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Legalised in 2018

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Legalised in 37 States Limited Federal legalisation

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Legalised in 2016

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Legalised in 2016

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Legalised in 2016 Rapid growth to >200k patients (2019-21)

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Legalised in 2001

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BUSINESS DESCRIPTION

 

Celadon Pharmaceuticals Plc is a UK based pharmaceutical company focused on the research, cultivation, manufacturing, and sale of breakthrough cannabis-based medicines. Its primary focus is on improving the quality of life for chronic pain sufferers, as well as exploring the potential of cannabis-based medicines for other conditions such as autism.

Its 100,000 sq ft UK facility operates to an EU-GMP standard and comprises indoor hydronic cultivation, proprietary GMP extraction and manufacturing and an analytical and R&D laboratory. The Company’s subsidiary owns a Medicines and Healthcare Products Regulatory Agency (“MHRA”) approved clinical trial using cannabis-based medicinal products to treat chronic pain in the UK. Celadon also has a minority interest in early-stage biopharma Kingdom Therapeutics Limited which is developing a licensed cannabinoid medicine to treat children with Autism Spectrum Disorder

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COUNTRY OF INCORPORATION/OPERATION

 

Celadon Pharmaceuticals Plc is incorporated in England and Wales and is listed solely on the London Stock
Exchange Alternative Investment Market (AIM), and is subject to the UK City Code on Takeovers and Mergers.

TIDM: CEL.L
ISIN: GB00BDQYGP38

There are no restrictions on the transfer of Celadon Pharmaceutical’s shares.

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AIM SECURITIES IN ISSUE

 

The following information is correct as at 7th March 2025.

The Company’s issued share capital comprises

68,845,807 ordinary shares

Each with a nominal value of 1 pence

So far as the Company is aware, 41.71% of its issued share capital is not in public hands.

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