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GW Pharmaceuticals plc

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GW Pharmaceuticals plc - Healthcare showcase

Year Founded & Workforce

1998

1,000 Employees

Industry

Healthcare

Services

Medical Cannabis Market
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GW Pharmaceuticals plc Overview

Company Headquarter: Cambridge, UK

Founded: 1998

Workforce: ~1000

Company Working: GW Pharmaceuticals plc is a world leader in the development of plant-derived cannabinoid therapeutics. The company has a strong presence in the UK and the US. It also has a presence in the EU5 countries (France, Germany, Italy, Spain, and the UK), the Netherlands, and Switzerland, among others. It has ties with leading cannabinoid scientists across the globe. It offers a wide range of novel cannabinoid molecules in several distinct therapeutic areas, including autism, epilepsy, and schizophrenia. The company is focusing on offering cannabinoid-based prescription medicines to patients. In May 2021, GW Pharmaceuticals plc became subsidiary of Jazz Pharmaceuticals (Ireland), a leader in the science, development, and commercialization of cannabinoid-based prescription medicines.

Strategy

GW Pharmaceuticals plc focuses on developing life-changing medicines for severe diseases that have limited or no therapeutic options. It is working with cannabinoid scientists around the globe to develop advanced products. It is making various partnerships in the region for future growth. Furthermore, the corporation works aggressively with other companies to incorporate advances and expand product reach.

Company Snapshot

1,000

Employees

1998

Founded

SWOT Analysis

Strengths

  • Strong presence in US and UK
  • Trained workforce
  • Focus on developing innovative products

Weaknesses

  • Limited commercialization of products
  • Operational failures

Opportunities

  • Strategic initiatives
  • Legalization of cannabis for medical use in many countries

Threats

  • Changing political leaderships in some regions
  • Strong rules and regulations in some countries

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Key Developments

DateApproachDevelopment
August 2021Product ApprovalGW Pharmaceuticals plc received approval from the UK Medicines and Healthcare Products Regulatory Agency (MHRA) for Epidiolex. This product can be used in the treatment of seizures associated with tuberous sclerosis complex (TSC).
June 2018Product ApprovalGW Pharmaceuticals plc received FDA approval for its leading product, Epidiolex to launch in the US, a liquid formulation of highly purified cannabidiol.

Product Offering

  • GW Pharmaceuticals plc
    • Medical Cannabis Market

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