![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
GW Pharm. | LSE:GWP | London | Ordinary Share | GB0030544687 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 735.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:5779Y GW Pharmaceuticals PLC 19 June 2007 Sativex(R) receives Qualifying Notice for approval in Canada for the relief of Cancer Pain Porton Down, UK; Toronto, Canada; 19 June 2007: GW Pharmaceuticals plc (AIM: GWP) and Bayer HealthCare Pharmaceuticals announce that Health Canada, the Canadian regulatory agency, has issued a Qualifying Notice for the approval of Sativex(R) in the relief of cancer pain. Sativex is already approved and marketed in Canada as adjunctive treatment for the symptomatic relief of neuropathic pain in Multiple Sclerosis ("MS") in adults. This approval was granted under the NOC/c policy. GW filed the application in October 2006 with Health Canada under the Notice of Compliance with conditions (NOC/c) policy. The approved indication will be " adjunctive analgesic treatment in adult patients with advanced cancer who experience moderate to severe pain during the highest tolerated dose of strong opioid therapy for persistent background pain". Health Canada has completed its regulatory review in line with its 200 day review target. Sativex has been developed by UK-based GW Pharmaceuticals and is exclusively marketed in Canada by Bayer. Under the NOC/c process, the issue of a Qualifying Notice confirms that Sativex qualifies to be considered for approval in cancer pain and sets out the conditions and post-approval undertakings upon which the marketing authorization for Sativex in this indication can be granted. The conditions for the approval of Sativex in cancer pain are in accordance with standard guidance provided by the regulator for NOC/c approvals and include a commitment to ongoing clinical research. This process is identical to that under which Sativex is already approved in the MS neuropathic pain indication. GW is required to respond and accept the conditions within 30 days. Following this, Health Canada will review this response, subject to a 30 day review target. Should the response be acceptable, Health Canada can then be expected to proceed to finalise the marketing authorisation. Dr Geoffrey Guy, GW's Chairman, said, "We are delighted to receive this Qualifying Notice from Health Canada and look forward to receiving regulatory approval for Sativex in the relief of cancer pain in the next few months. This additional regulatory approval represents a further step in our broad-based regulatory strategy for Sativex, which is designed to secure approvals for this important new medicine across a range of separate therapeutic indications in countries across the world over the coming years." Philip Blake, President and CEO of Bayer Inc., said, "Pain is one of the most debilitating and feared symptoms of advanced cancer. The approval of Sativex for the treatment of these high need patients is further recognition of the value of this important medicine and we shall now actively commence our launch plans for this indication." Sativex in Cancer Pain GW has completed a positive Phase III study in Europe in 177 patients with cancer pain. The trial was a multi-center double-blind, randomized, placebo-controlled parallel group study. Patients in the study had advanced cancer and were experiencing pain that was not responding adequately to strong opioid medication (e.g. morphine). In addition to study medication, all patients remained on their existing opioid and other analgesic medication during the trial. In this study, Sativex achieved a statistically significant improvement in comparison with placebo in pain as measured on a numerical rating scale (p= 0.014), a primary endpoint of the study. A responder analysis showed that 43 per cent of patients on Sativex showed a greater than 30 per cent improvement in their pain (p=0.024). Cancer-related pain can be defined as pain caused by cancer, by cancer treatment such as surgery, radiation therapy or chemotherapy, or by the side effects of treatment. Severe pain is experienced by at least two thirds of patients with advanced disease. It is estimated that between 14 per cent and 47 per cent of these patients will achieve inadequate pain relief from opioid based approaches and will continue to suffer pain (1). Dr Paul Daeninck, Director, Symptom Management Group for Cancer Care Manitoba and Assistant Professor, Depts of Internal Medicine and Family Medicine, University of Manitoba, said, "Pain remains a significant unmet medical need for many patients with cancer, who may be unable to gain adequate pain relief from even the best use of existing strong opioid medicines. Furthermore, a proportion of patients are simply unable to tolerate opioids in doses that may be required to relieve their pain. In short, there is a clear need for effective new analgesics. The results with Sativex show that it can provide additional pain relief to this group of patients and may represent an important new option in the treatment of cancer pain." In 2006, the United States Food and Drug Administration (FDA) accepted an Investigational New Drug (IND) Application for Sativex to enter into Phase III clinical trials in the U.S. for the treatment of cancer pain. The first U.S trial is due to commence in the next few months. Enquiries: GW Pharmaceuticals plc Today: +44 (0)20 7831 3113 Dr Geoffrey Guy, Chairman Justin Gover, Managing Director Financial Dynamics Tel: +44 (0)20 7831 3113 David Yates / Ben Atwell Bayer Inc. Alison Bing Tel: 001 416 240 5298 Notes to editors: Sativex Sativex is a buccal spray composed primarily of tetrahydrocannabinol (THC) and cannabidiol (CBD), a non-psychoactive cannabinoid. The product is standardized by both composition and dose. Sativex is thought to act via cannabinoid receptors that are distributed throughout the central nervous system and in immune cells (2). These receptors are distributed throughout the pain pathways of the nervous system, and their activation is known to reduce pain in relevant pain models. In 2005, Health Canada approved Sativex for the symptomatic relief of neuropathic pain in adults with Multiple Sclerosis. This approval was granted under the NOC/c policy. Notice of Compliance with Conditions (NOC/c) policy The NOC/c policy applies to drug submissions intended for the treatment, prevention or diagnosis of a serious, life-threatening or severely debilitating illness or condition for which there is no existing therapy available on the Canadian market which possesses a similar therapeutic profile or for which the new submission demonstrates a significant improvement in the benefit/risk profile over alternate available products. Products approved under Health Canada's NOC/c policy, have demonstrated promising benefit, are of high quality and possess an acceptable safety profile based on a benefit/risk assessment for the approved use. The promising nature of the clinical evidence is to be confirmed with further studies. About GW Pharmaceuticals GW was founded in 1998 and listed on the AiM, a market of the London Stock Exchange, in June 2001. Operating under licence from the UK Home Office, the Company is developing cannabis-derived pharmaceutical products for patients with multiple sclerosis, neuropathic pain, cancer pain, spinal cord injury, rheumatoid arthritis, and other severe medical conditions. GW has assembled a team of over 100 scientists with extensive experience in developing both plant-based prescription pharmaceutical products and medicines containing controlled substances. GW is dedicated to developing treatment options that alleviate pain and other neurological symptoms in patients who suffer from serious ailments. For further information, please visit the Company's website: www.gwpharm.com About Bayer HealthCare Bayer HealthCare, a subsidiary of Bayer AG, is one of the world's leading, innovative companies in the healthcare and medical products industry. The company combines the global activities of the Animal Health, Consumer Care, Diabetes Care, and Pharmaceuticals divisions. Bayer HealthCare Pharmaceuticals comprises the following business units: Women's Healthcare, Diagnostic Imaging, Specialized Therapeutics, Hematology/Cardiology and Oncology. The company's aim is to discover and manufacture products that will improve human health worldwide by diagnosing, preventing and treating diseases. This news release may contain forward-looking statements that reflect GW's current expectations regarding future events, including the clinical development and regulatory clearance of its products. Forward-looking statements involve risks and uncertainties. Actual events could differ materially from those projected herein and depend on a number of factors, including (inter alia), the success of GW's research strategies, the applicability of the discoveries made therein, the successful and timely completion of clinical studies, including with respect to Sativex and GW's other products, the uncertainties related to the regulatory process, and the acceptance of Sativex and other products by consumers and medical professionals. Footnotes: (1) Zech DF, Grond S, Lynch J et al. Validation of WHO guidelines for cancer pain relief - a 10 year prospective study. Pain 1995; 63: 65-76.). (2) Health Canada. "Approval of SATIVEX(R) with Conditions Fact Sheet." Last accessed 16 December 2005. Available at http://www.hc-sc.gc.ca/dhp-mps/ prodpharma/notices-avis/conditions/sativex_factsheet_e.html. This information is provided by RNS The company news service from the London Stock Exchange END RESSFFFWASWSEEM
1 Year Gw Pharmaceuticals Chart |
1 Month Gw Pharmaceuticals Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions