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 that of other epilepsy medications. Patients should expect a wait time of about three weeks between when a physician prescribes the medication to when they actually receive the drug.
According to Julian Gangolli, the GW representative who is in charge of commercializing the drug in the U.S., the co-pays for Epidiolex — despite its high price tag — could ultimately be cheaper than buying hemp-derived CBD products online or CBD medication from a medical cannabis dispensary; many patients, however, are expected to continue opting into the more loosely regulated gray market.
See the original article at Ganjapreneur