US approves UK-grown marijuana-based epilepsy drug

By Abid Ali, business reporter
The US drug regulator has approved the first cannabis-based epilepsy treatment for children as young as two.
Nasdaq-listed GW Pharmaceuticals, which grows its own marijuana plants in glass houses in Britain, hopes the drug will be approved in the UK next year.The company's chief executive Justin Gover told Ian King Live last week: "This is a new breakthrough in the field of childhood-onset epilepsy. This treatment we have studied for the last five years."It has shown in placebo trials it can reduce seizures in certain types of childhood-onset epilepsy and we believe it would a breakthrough in the US and hopefully in the UK next year."
US approves UK-grown marijuana-based epilepsy drug

'Breakthrough' in cannabis medicine for childhood epilepsy
GW Pharmaceuticals is able to extrat cannabidiol, which is just one of about 80 molecules found in cannabis plants. But unlike tetrahydrocannabinol, or THC, it does not produce a high.The drug, Epidiolex, will be used to treat seizures associated with Lennox-Gastaut syndrome (LGS) or Dravet syndrome in patients two years of age or older.LGS and Dravet syndrome, which develop in childhood, are rare, severe forms of epilepsy that are notoriously treatment-resistant.
Most patients with LGS and Dravet syndrome require multiple seizure medications and the majority are resistant to currently approved drugs.The day-to-day impact of these conditions is significant with high rates of early mortality, the company said.

[img]" alt="Govt reviews cannabis for medicinal use" class="sdc-article-strapline__image">
Govt reviews cannabis for medicinal use
The Home Secretary insists it is "not a first step" to legalising the drug for recreational use.

US Food and Drug Administration Commissioner Dr Scott Gottlieb said: "This is an important medical advance. But it's also important to note that this is not an approval of marijuana or all of its components."This is the approval of one specific CBD medication for a specific use. And it was based on well-controlled clinical trials evaluating the use of this compound in the treatment of a specific condition."
More from Business

Uber overturns ban after being granted 15-month London licence by court

CO2 shortage forces beer rationing and shuts down major abattoir

IAG boss Willie Walsh slams[/img]

Heathrow-owner to move holding company to the Netherlands

Gold Cup-winner Waley-Cohen rides to ?300m Portman Dental sale

Missed opportunity for Theresa May at The Times CEO Summit

GW Pharmaceuticals's stock, which has risen almost 50% in the last 12 months on anticipation it would get approval for its drug, fell more than 4% to $144.76 in New York trading.Earlier this month, Home Secretary Sajid Javid announced a government review into the medicinal status of cannabis after a number of high-profile cases.
See also:
Leave a comment
  • Latest
  • Read
  • Commented
Calendar Content
«    Январь 2021    »