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GW Pharmaceuticals High On Epilepsy Data

 
• By Lisa LaMotta

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...

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