GW Pharmaceuticals PLC is preparing to file a new drug application with FDA after its marijuana-based medicine showed an ability to reduce seizures in children with a severe form of epilepsy. Investors saw this as a good sign and believe the drug can be approved despite the stigma associated with cannabinoids.
The company's stock more than doubled on March 14, jumping 125% to trade above $85 per share, well above its 52-week low of $35.83. Investors and analysts were both pleased...
Read the full article – start your free trial today!
Join thousands of industry professionals who rely on Scrip for daily insights
- Start your 7-day free trial
- Explore trusted news, analysis, and insights
- Access comprehensive global coverage
- Enjoy instant access – no credit card required
Already a subscriber?