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Biotech / Medical : Biotech & Pharma.T.A,
BIB 86.28-0.4%Feb 9 4:00 PM EST

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From: Julius Wong3/14/2016 8:29:04 AM
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GW Pharmaceuticals Announces Positive Phase 3 Pivotal Study Results for Epidiolex® (cannabidiol)
- Study in the treatment of Dravet syndrome – a rare and severe form of epilepsy in children with no FDA-approved treatments -
- Primary endpoint achieved with high statistical significance (p=0.01) showing that Epidiolex treatment reduces convulsive seizures in children compared to placebo -
- Company to hold investor conference call today at 8:00 a.m. EDT/12:00 Noon GMT -

LONDON, March 14, 2016 (GLOBE NEWSWIRE) -- GW Pharmaceuticals plc (GWPH) (GWP.L) (“GW,” “the Company” or “the Group”), a biopharmaceutical company focused on discovering, developing and commercializing novel therapeutics from its proprietary cannabinoid product platform, announces the positive results of the first pivotal Phase 3 study of its investigational medicine Epidiolex® (cannabidiol or CBD) for the treatment of Dravet syndrome. In this study, Epidiolex achieved the primary endpoint of a significant reduction in convulsive seizures assessed over the entire treatment period compared with placebo (p=0.01). Epidiolex has both Orphan Drug Designation and Fast Track Designation from the U.S. Food and Drug Administration (FDA) in the treatment of Dravet syndrome, a rare and debilitating type of epilepsy for which there are currently no treatments approved in the U.S.
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