GW Pharmaceuticals (AIM: GWP) has announced that a Phase IIa proof of concept study of a pipeline compound GWP42006 in adult patients with focal seizures did not meet its primary endpoint, causing the firm’s shares to drop 6%.
GWP42006 is also being developed within the field of autism spectrum disorders (ASD) which will represent an increased therapeutic focus for ongoing development of this pipeline compound.
GW Pharmaceuticals will hope that the failure of its second-most advanced cannabinoid project, GWP42006, is not a bad omen for its main event this year: approval of its lead compound, Epidiolex (cannabidiol), commented EP Vantage, the editorial arm of the Evaluate group.
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