GW Pharma (GWPH) Tops Q3 EPS by 80c, Revenues Beat

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GW Pharma (GWPH) PT Trimmed to $175 at Cowen, Bullish on Epidiolex Uptake

November 3, 2020 1:41 PM EST

Cowen analyst Phil Nadeau lowered the price target on GW Pharma (NASDAQ: GWPH) to $175.00 (from $180.00) while maintaining an Outperform rating.

despite the price target cut, the analyst notes Epidiolex uptake was ahead of consensus with much room to... More

GW Pharma (GWPH) Begins Pivotal Phase 3 Study of Nabiximols for Multiple Sclerosis-Associated Spasticity

November 3, 2020 7:22 AM EST

GW Pharmaceuticals plc (NASDAQ: GWPH), a world leader in the science, development, and commercialization of cannabinoid prescription medicines, along with U.S. subsidiary Greenwich Biosciences, today announced that the Company has initiated the first U.S. Phase 3 clinical trial studying nabiximols for multiple sclerosis (MS)-associated spasticity. Nabiximols, known as Sativex® outside of the U.S. and approved for use to treat MS spasticity in over 25 countries, is a complex botanical medicine formulated from extracts of the cannabis plant administered as an oral spray. Positive results from three previous European Phase 3 clinical studies show nabiximols... More