Budding Opportunity: One Analyst Is Modeling For GW Pharmaceuticals To Double Over The Next Year

Press Release (ePRNews.com) - CENTRAL LONDON, England - Feb 15, 2017 - Markus Spielmann Inc.’s Eleanor Prior noted that GWPharmaceuticals will have three ongoing Phase III programs by the end of the year for its lead candidate, a transdermal synthetic cannabidiol (CBD), with results expected in the first half of 2017, which could provide a “major inflection point” for the shares. Prior initiated coverage for the company with a Conviction Buy rating and price target of $177.00

Significant Differentiator
We believe success in the refractory epilepsy program is strongly supported by recent oral CBD data in orphan pediatric epilepsies achieved by GW Pharmaceuticals PLC- ADR,” the analyst mentioned.

In addition, the delivery of Epidiolex through the skin, thereby avoiding first pass metabolism by the liver, could prove to be a significant advantage for the product candidate, while minimizing safety risks.

“Avoiding the gut, Epidiolex also avoids unwanted interactions, including the potential conversion of CBD into THC,” Prior explained.

Epidiolex demonstrated strong tolerability in the initial Phase I studies, with limited side effects to the gut, which is a known adverse effect of oral CBD.

Large Market
“The market for refractory focal seizures is large and underserved, with approximately one-third of patients unable to achieve seizure freedom. We estimate Epidiolex could achieve peak sales over $2 billion across U.S. and EU markets,” the analyst went on to say. Apart from focal epilepsy, GW Pharmaceuticals also has two more Phase II studies in osteoarthritis and Fragile X syndrome (FXS), the data for which is also expected in the first half of 2017.

For further information on Markus Spielmann Inc. visit https://www.markusspielmann.com

Source : Markus Spielmann
Business Info :
Markus Spielmann

You may also like this  

DISCLAIMER : If you have any concerns regarding this press release, please contact the Author / Media Contact / Business of this press release. ePRNews is not resposible for the accuracy of the news posted and do not endorse, support any product/services/business mentioned and hereby disclaims any content contained in this press release.


Or using ePRNews Account

Don't have an account ? Sign Up

Register New Account

Or form here

Already have an account ? Login

Reset Password

Already have an account ? Login