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UK: 'Cannabis painkiller drugs by summer'

London Evening Standard

Thursday 22 Jan 2004

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CANNABIS-based painkillers could be available on prescription as soon as
this summer, said drugs developer GW Pharmaceuticals.

It will be a world first for the Wiltshire group, which grows cannabis
plants at three secret locations. GW should get UK regulatory approval for
its Sativex drug in the second quarter, slightly later than planned.

The drug will be used for multiple sclerosis and nerve damage pain.

Managing director Justin Gover said: 'This will be the first modern
prescription medicine derived from cannabis, although it has been used as a
tincture for 5,000 years.'

GW has a marketing deal with Bayer, which will pay it UKP14m when UK
approval comes through. GW also hopes to get clearance to use Sativex in
Europe and Canada, but admits that the US will take longer.

Annual losses reduced to UKP9.6m from UKP12.1m due to a UKP5m fee from Bayer.

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