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Five things to know about what could be America’s first cannabis-derived drug

Submitted by Marijuana News on Thu, 03/17/2016 - 08:45

If approved by the Food and Drug Administration, GW Pharmaceuticals PLC’s cannabis-derived drug, which treats child epilepsy, would be the first of its kind in the U.S.

And while FDA approval is by no means a sure thing, U.K.-based GW GWP, -10.08% announced positive phase-three trial results for the drug, Epidiolex, Monday morning, sending its shares ballooning over 130%.

Designed to treat a rare type of child epilepsy called Dravet Syndrome, Epidiolex reduced children's’ seizure frequency by almost 40% over 14 weeks of treatment, a statistically significant finding.

Here are five things to know about GW’s Epidiolex and the budding cannabis drug industry:

Epidiolex is technically legal

GW could sell Epidiolex without FDA approval, but couldn’t claim medical benefits without government penalties In the last year, the FDA has sent warning letters to companies advertising cannabis-derived products like medical drugs, including one selling cannabis for...

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