GW Pharmaceuticals, PLC (GWPH)

gwpharma-logoGW Pharmaceuticals, PLC is a biopharmaceutical company based in United Kingdom, and is engaged in the research, manufacture, and commercialization of cannabinoid-based prescription medicines that contain controlled substances, and plant-based pharmaceutical products to meet the needs of patients in a range of therapeutic conditions. The company maintains in-house control over all aspects of the development process of their cannabinoid products, such as botanical research, extraction technology, drug formulation, clinical trials, and regulatory affairs.

Founded in 1998, GW Pharmaceuticals, PLC has become a world leader in cannabinoid science. The company has developed an international network of the field’s most prominent scientists. In 2007, the collaboration of GW and Otsuka paved the way for the significant expansion of the early cannabinoid research activities of GW. Both companies have collaborated in researching novel cannabinoids as potential treatments for central nervous system disorders. GW also has an in-house program that researches cannabinoids as treatments for Type 2 diabetes and related metabolic disorders.

The lead product of GW Pharmaceuticals, PLC is Sativex, which has been either approved for use or recommended for approval in 24 countries. Sativex is a treatment for symptom improvement in patients suffering from moderate to severe spasticity brought about by Multiple Sclerosis.

Sativex is currently in Phase III clinical development for cancer pain treatment. To provide patients from different countries with easy access to Sativex, the company has entered into separate licensing agreements with Almirall in Mexico and Europe; Bayer Healthcare in Canada and the UK; Otsuka Pharmaceutical in the U.S.; Novartis in Africa, Asia and the Middle East; and Neopharm in Israel.

GW Pharmaceuticals, PLC is listed under the symbol GWPH on the NASDAQ Global Market, as well as on AIM, a market of the London Stock Exchange. The company is licensed to work with controlled substances for medical research purposes. The company continues to focus on developing a product portfolio of cannabinoid-based prescription medicines, including Epidiolex and Sativex Oromucosal Spray, to meet the needs of patients in a wide range of medical indications.

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