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Biotech Stocks Facing FDA Decision in April

GW Pharmaceuticals
GW Pharmaceuticals

On April 19, 2018, a panel of outside experts convened by the FDA is scheduled to review GW Pharmaceuticals plc.’s (GWPH) NDA for Epidiolex, proposed for the adjunctive treatment of seizures associated with Lennox-Gastaut syndrome or Dravet syndrome in patients 2 years of age and older.

Epidiolex is the Company’s proprietary oral solution of pure plant-derived cannabidiol, or CBD.

The FDA’s final decision on Epidiolex is expected by June 27, 2018.

If approved, analysts expect Epidiolex to bring in excess of $1 billion in annual peak sales.

GWPH closed Tuesday’s (Mar.27) trading at $110.27, down 4.14%.