GW Pharma (GWPH) Tops Q3 EPS by 103c

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Cowen Reiterates Bullish View on GW Pharma (GWPH) Post Q3; Says All Eyes on Epilepsy Pivotal Data In Early Q1:16

August 6, 2015 1:30 PM EDT

Cowen analyst Phil Nadeau reiterated an Outperform rating and $135 price target on GW Pharma (NASDAQ: GWPH) following Q3 results although all eyes are on the epilepsy pivotal data in early Q1 2016.

Nadeau commented, "GW remains well funded with £254MMin cash at the... More

GW Pharma (GWPH) Announces Receipt of FDA Fast-Track Designation for CBD as NHIE Treatment

August 6, 2015 6:46 AM EDT

GW Pharma (NASDAQ: GWPH) announced that the U.S. Food and Drug Administration (FDA) has granted Fast Track designation for a proprietary intravenous form of cannabidiol (CBD) to treat Neonatal Hypoxic-Ischemic Encephalopathy, or NHIE. In addition, the European Medicines Agency (EMA) has granted orphan designation for the same product to treat perinatal asphyxia, an alternate term that describes the same condition as NHIE, for which GW has already received Orphan Drug Designation from the FDA. There are currently no approved medicines in Europe or the U.S. specifically indicated for NHIE or perinatal... More