Founded in 1998, GW Pharmaceuticals (AIM: GWP) is a biopharmaceutical company focused on discovering, developing and commercializing novel therapeutics from its proprietary cannabinoid product platform in a broad range of disease areas.
GW commercialized the world's first plant-derived cannabinoid prescription drug, Sativex, which is approved for the treatment of spasticity due to multiple sclerosis in 21 countries.
Sativex is also in Phase III clinical development as a potential treatment of pain in people with advanced cancer.
This Phase III program is intended to support the submission of a New Drug Application for Sativex in cancer pain with the US Food and Drug Administration and in other markets around the world.
GW has established a world leading position in the development of plant-derived cannabinoid therapeutics and has a deep pipeline of additional cannabinoid product candidates, including two distinct compounds, GWP42004 and GWP42003, in Phase II clinical development for type 2 diabetes and ulcerative colitis, respectively, and at least two additional programs expected to enter Phase I and Phase II clinical trials in the next 12 months.
GW is licensed by the UK Home Office to work with a range of controlled drugs for medical research purposes.
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