This Salisbury* Pharma Company’s Stock Shot Up 120% Today.

Investorplace: GW Pharmaceuticals’ Epidiolex was successful in reducing seizures in patients with Dravet syndrome, a form of epilepsy, by 39% over a 14-week period in its phase 3 trial. The study included 120 patients, 60 of which were given a placebo, with the average age being 10 years old.

Following its successful phase 3 trial for Epidiolex, GW Pharmaceuticals said that it’s looking for 150 patients to take part in a second phase trails of the drug. If more trails are successful, it’s possible that Epidiolex could be the first drug approved in the U.S. to treat Dravet syndrome.
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Dravet syndrome, also known as severe myoclonic epilepsy of infancy (SMEI), is a type of epilepsy with seizures that are often triggered by hot temperatures or fever.
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Financials (Gurufocus)
Operating margin (%) -304.90
Net-margin (%) -242.80
P/B 5.44
Revenue $34 million (USD)
Profits -$84 million

 

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