Response to Media Comment
July 02 2010 - 4:03AM
UK Regulatory
TIDMGWP
RNS Number : 7227O
GW Pharmaceuticals PLC
02 July 2010
Clarification re media comment
Porton Down, UK, 2 July 2010: In response to a story in a regional UK media
outlet yesterday, GW wishes to make the following clarification:
The story covered a decision by certain Primary Care Trusts (PCT) in a region of
the UK that they were not paying for Sativex prescriptions. GW wishes to clarify
that this decision was made last year, prior to the approval of Sativex when
Sativex was only available on a "named patient" basis. At that time, Sativex was
not approved in the UK.
Under the UK named patient programme, which was in place prior to approval, over
90% of PCTs in the UK paid for Sativex on the NHS. GW hopes that in light of
formal regulatory approval in late June 2010, such policies would continue for
the vast majority of PCTs.
It is inevitable under the PCT system in the UK that certain localities will
adopt different policies towards medicines and Sativex is no different in this
respect to any other medicine. The issue of PCT policies towards adoption of new
medicines is one which GW's UK marketing partner, Bayer Schering Pharma, is
accustomed to addressing and one that is common to the launch of all new
medicines in the UK. There are 151 PCTs in England alone.
GW recognises and supports the efforts of people with Multiple Sclerosis, and
their patient organisations such as the MS Society and MS Trust, to access
Sativex. There is a clear unmet need that Sativex seeks to address and Sativex
has the potential to make a meaningful difference to patients' quality of life.
In the short time since the launch of Sativex, GW confirms NHS prescriptions are
being written around the UK and that it and its partner, Bayer Schering Pharma,
are both pleased with progress to date.
-ends-
Enquiries:
+--------------------------------------+-------------------------+
| GW Pharmaceuticals plc | (Today) + 44 20 7831 |
| | 3113 |
+--------------------------------------+-------------------------+
| Dr Geoffrey Guy, Chairman | (Thereafter) + 44 1980 |
| | 557000 |
+--------------------------------------+-------------------------+
| Justin Gover, Managing Director | |
+--------------------------------------+-------------------------+
| | |
+--------------------------------------+-------------------------+
| Financial Dynamics | + 44 20 7831 3113 |
+--------------------------------------+-------------------------+
| Ben Atwell / John Dineen | |
+--------------------------------------+-------------------------+
| | |
+--------------------------------------+-------------------------+
| Piper Jaffray Ltd | +44 (0)20 3142 8700 |
+--------------------------------------+-------------------------+
| Neil Mackison / Rupert Winckler | |
+--------------------------------------+-------------------------+
Note to Editors
About GW Pharmaceuticals
GW Pharmaceuticals plc (AIM:GWP) was founded in 1998 and is listed on the AiM, a
market of the London Stock Exchange. Operating under licence from the UK Home
Office, the company researches and develops cannabinoid pharmaceutical products
for patients who suffer from a range of serious ailments, in particular MS and
cancer pain. GW has assembled a large in-house scientific team with expertise
in cannabinoid science as well as experience in the development of both plant
based prescription pharmaceutical products and medicines containing controlled
substances. GW occupies a world leading position in cannabinoids and has
developed an extensive international network of the most prominent scientists in
the field.
For further information, please visit www.gwpharm.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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