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There has been a debate about the use of marijuana in epileptic patients since the use of a special strain of marijuana made by the Stanley Brothers has attracted the attention media in 2013 to help control seizures in Charlotte, a Colorado child with Dravet syndrome. Until now, the Food and Drug Administration (FDA), the regulator charged with reviewing scientific data and approving or rejecting drugs based on their merits, had remained silent on the issue. Use of marijuana in epileptic patients. That changed this week when he gave a boost to GW Pharmaceuticals & nbsp; (NASDAQ: GWPH) Epidiolex, a purified oral formulation of cannabidiol (CBD).
Big Marijuana News
Because the FDA is a scientific organization that approves drugs based on their proven ability to be safe and effective in well-controlled trials, it is a great validation that CBD can help epileptic patients.
What to look at now
The Drug Enforcement Agency (DEA) still classifies marijuana as a drug. Schedule I Drug But following this approval, Epidiolex could get more favorable programming, and if it does, it could reduce barriers to access. The DEA has a period of 90 days to issue a final final rule regarding the programming of Epidiolex; Although it is impossible to say what the agency will do, GW Pharmaceuticals would consider an IV schedule decision as a big win. A Schedule II decision would be a waste, because Schedule II drugs can not be so easily filled.
Overall, the approval of Epidiolex is a big step forward for the medical marijuana movement. He is likely to gain support from doctors and patients in this difficult-to-treat patient population, and he helps companies run their own clinical trials in other indications. However, the size of Epidiolex will not be known for a while. Investors may want to approach this marijuana stock with cautious optimism
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