GW Pharmaceuticals has revealed the expected consumer price for Epidiolex, the first cannabidiol-based medication to be approved by the FDA, according to a Business Insider report. At a price tag of about $32,500 per year, it won’t be cheap, but company representatives said in a phone call with investors this week that its cost reflects […]

The US Food and Drug Administration announced today, Monday June 25, the approval of the country’s first marijuana-based prescription medication. The drug is called Epidiolex and is a plant-derived oral solution of cannabidiol (CBD)—a chemical component of marijuana that does not cause intoxication or a euphoric “high.” The FDA approved it for use in patients […]

The chances of the FDA every approving smokable marijuana were slim to none, according to FDA commissioner Scott Gottlieb. He explained that the agency is apprehensive about giving its approval to a supposed medicine that is consumed through combustible means. Gottlieb likened the act of smoking pot to crushing up a prescription medicine and smoking […]

U.S. regulators are studying whether restrictions on marijuana should be eased, a step toward decriminalizing the drug at the federal level. The Food and Drug Administration is conducting an analysis at the Drug Enforcement Administration’s request on whether the U.S. should downgrade the classification of marijuana as a Schedule 1 drug, said Douglas Throckmorton, Deputy […]

GW Pharmaceuticals, a bio-pharmaceutical company focused on discovering, developing and commercializing novel therapeutics from its cannabinoid product platform, announced that the United States Food and Drug Administration (FDA) has granted their product, Epidiolex, Fast Track designation in the treatment of Dravet syndrome, a rare and catastrophic treatment-resistant form of childhood epilepsy. FDA’s Fast Track program facilitates the […]

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A survey of 1,339 people with fibromyalgia conducted by The National Pain Foundation and NationalPainReport.com, revealed that those who have used marijuana to treat their symptoms find it significantly more effective than any of the three drugs approved by the Food and Drug Administration to treat the disorder. The three drugs approved for the treatment […]