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GW: Pharmaceutical Cannabis To Go Global In 2012

January 10, 2012

BRITISH GW Pharmaceuticals are set to make their global footprint in 2012 as they move into Australia, Africa, The Middle East, Asia (not China or Japan) while expanding their business in the areas they have already been able to make an impact in – much of Europe and North America.

Geoffry Guy - GW Pharmaceuticals Executive Chairman

GW Pharmaceuticals this year are starting three Phase IIa trials on patients with diabetes, metabolic diseases and, in the first quarter of 2012, ulcerative colitis.
This means that they are just working with patients to figure out the prescription dose that they will then proceed to give to all the patients in Phase IIb, where they will then determine if the drug has been as effective at this prescribed dose. Phase III trials for cancer pain are currently being recruited for with use of Sativex also. On GWPharm.com Executive Chairman Geoffry Guy says;

“We have embarked on a substantial Phase III programme for Sativex in cancer pain, a major market opportunity…”

This means a larger scale trial and how the drug compares to the current ‘golden standard’ treatment. When GW scientists proclaim that a drug with no side effects or addiction is rarely seen in pharmaceutical drugs you can imagine that these trials will probably pass with flying colours.
The British Government also agree that there is a major market opportunity for Sativex. This is why they were granted a marketing authorization before The National Institute of Heath and Clinical Excellence (NICE) have even approved it or the Home Office have taken advice from its advisory council, the ACMD, on how to reschedule cannabis. This process is underway, cannabis medicine is being delivered to patients – but at a large financial cost to the NHS and to very few patients that it is intended for and who desperately need it. Reporting on GWPharm.com’s financial section;

GW has delivered another robust set of financial results, with substantially increased revenues yielding a profit for the period and a strong cash position. With Sativex now launched in the UK and Spain, an increasing number of additional European approvals and launches for Sativex now expected and the recent agreement with Novartis to commercialise Sativex across a broad region of the world, Sativex should provide GW with a platform for significant growth in the coming years.

Sativex sales were predominantly lifted by its launch in the UK, Germany, Spain and Denmark during 2011 but it has also been approved in Czech Republic, Italy, with Sweden and Austria expected in the coming months.
A post on Proactiveinvestors.co.uk in November 2011 read:

In the twelve months to end September, GW posted a pre-tax profit of £2.5 million, below last year’s £4.6 million profit, but ahead of expectations for 2011.’
Revenues reached £29.6 million, in line with revenues of £30.7 million in 2010, as Sativex sales jumped 59 percent to £4.4 million, while milestone income amounted to £5.3 million compared to £11.2 million a year earlier. The group’s cash position has increased from £25.2 million at the end of 2010 to £28.3 million.

Packaging for an emerging new market? Or swapping our cannabis for your cannabis?

Other names in the Big Pharma family such as Novartis and Bayer are being contracted for distribution rights over the cannabis product and GW have now admitted beyond all doubt that Sativex is cannabis, delivered in doses similar to a mild smoked joint. [I will be releasing a story chaining the evidence together to hopefully make this an indisputable fact. Black and white. Side by side. Sativex is Cannabis and you can make it yourself.]
A cannabis withdrawal drug is about to be trialled in Australia, shockingly that drug is Sativex, so we have the situation where a pharmaceutical company is ready to supply the Big Pharma companies – with world-wide levels of distribution – with cannabis, to replace cannabis. Their cannabis, not our cannabis… GW are a global organization with a legal profit of over £2million (before tax – boo hoo poor them) for growing 300 metric tonnes of cannabis in wet weight (thats 30 metric tonnes dried/smokable/extractable).

Beyond Europe, we look forward to working with Novartis to commercialise Sativex in a number of key emerging markets.

As for a major market opportunity for Sativex in cancer I wonder how the patient would feel when they had their house raided, were arrested, traumatized, treated like a criminal and potentially a terrorist, detained in poor condition (remember this is a cancer patient), forced to defend themselves in silence in front of a Judge biased with Western Patriarchal and Political prejudices and then faces 14 years in prison. Surely growing 300 metric tonnes of cannabis isn’t cause for a medical defence?

 
Well it is if you are Geoffry Guy…

 
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20 Comments leave one →
  1. January 10, 2012 8:02 am

    A cannabis withdrawal drug is about to be trialled in Australia, shockingly that drug is Sativex, so we have the situation where a pharmaceutical company is ready to supply the Big Pharma companies – with world-wide levels of distribution – with cannabis, to replace cannabis.

  2. tom permalink
    January 10, 2012 9:27 am

    Disgusting that GW can give Labour party a £10.5 million bung so they can grow Cannabis, and yet te people can’t even grow one plant for themselves.

    GW Pharmaceutical, the only drug dealers in town.

    • Orson permalink
      January 10, 2012 11:12 am

      Was it £10.5 million?? That’s crazy…..

      Great article Cure

      Cheers Orson (LCC)

  3. Harlan permalink
    January 10, 2012 10:37 am

    That is seriously fucked up.

  4. Jack permalink
    January 10, 2012 10:43 am

    they are willing to prescribe sativex for people who want to quit pot in australia but for a person that needs a medicine they turn down, the australian government is just a bunch of idiots, The Australian Capital Territory actually mmade it legal for a while for docters to prescribe medicinal marijuana but the police pressured the government to stop it now they are doing sativex for quitting pot well thats just a load of crap.

  5. January 10, 2012 11:22 am

    “What we are dealing with here is a total lack of respect for the law”

    The fact is. They have been lying to us for generations to protect a few core monopolies. The situation with GW has single handedly turned the lie into a farce.

    And like a farce in londons west end it will run and run and run. They are presented with facts by their councils which they ignore. They licence a company to produce a whole plant medicine which by their own admission has no side effects, no withdrawl and they’ve even admitted (eventually) it gets you high.

    And yet the lure of the revolving door prison system and the profits it generates, the back handers from alcohol, pharma and petro are all to much for them to stand up and admit they got it wrong.

  6. January 10, 2012 11:45 am

    I wonder if or when GW are going to look into cannabis for autism? It’s a rather big market.

    http://epetitions.direct.gov.uk/petitions/1419

    • January 11, 2012 12:33 am

      I really hope so there is such compelling evidence and I have whitnessed it for myself. Went and met Meiko at your interest I recall!

  7. Juraj Horvath permalink
    January 10, 2012 12:55 pm

    just posting this comment as a big fuck you to all the corporations.

  8. January 10, 2012 6:12 pm

    This is outrageous, that this company can monopolise the market in this way. The worst thing is the outrageously high prices they charge, Bedrocan in Holland supply a much more affordable, although still pricey, product, we should be allowed to obtain supplies of that in the U.K.

    • January 11, 2012 12:32 am

      The Government have granted them this monopoly – they are the ones refusing licenses to anyone else to do the same things. GW have very good people there. Somethinig is definatly fishy….more to come

  9. sensi soldier permalink
    January 10, 2012 7:46 pm

    a major market opportunity…” say no more !!! W@Nk@rs let us grow our own

    • January 11, 2012 12:30 am

      It’s the Government that we need to be angry at GW have done fantastic work and should be applauded, I am sure you can feel my frustration and that may be reflected too much on GW – I wannt the Gov to stop pretending and taking advantage of us.

  10. Steve Morrison permalink
    January 10, 2012 9:29 pm

    this is inherently wrong !
    Why make a synthetic form of cannaboids whe nature can provide better, safer & purer medicine at a fraction of the cost!
    This merely puts money in the hands of big pharma while doing nothing, what so ever, to bring us closer legalization !

    • January 11, 2012 12:29 am

      sativex is not synthetic it is real cannabis with measured levels of THC and CBD based on testing of plant strain.

  11. Sick Of It All permalink
    January 10, 2012 11:35 pm

    Makes me sick to my stomach to hear some big pharma shill refer to cancer pain as “a major market opportunity.”

  12. January 12, 2012 5:19 pm

    What we are seeing globally is an attempt by global corporations (e.g., GW Pharam, Monsanto, Dow etc.) to monopolize the production and distribution of all herbs and foods. Unfortunately part of the “strategy” is to monopolize the food system by forcing us to consume patented GMO plants. GW Pharma has patents on 27 varieties of Cannabis at the moment.

    This is an existential crisis pitting the 1% against the 99%. Growing our own foods and herbs is a inalienable (e.g., natural right) that we cannot afford to cede to Global Corporations. Should they succeed we all become slaves. As Kissinger once said “control the food (or water, herbs, resources etc.) and you control the people.

    And this is why I am running as a write in candidate for President in 2012. If you are in the US please send this link virallly. It is time for the “change” we can once again believe in. And Obama is the opposite of what we need., He is a shill for the Global Corporations.

    New Candidate for 2012 Presidency wants a “Green Economy” Based on Marijuana

    http://www.newagecitizen.com/MERP/RelegalizeNowObama57.htm

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