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01-22-2008, 06:42 AM
GW Pharmaceuticals reports encouraging results in Phase I diabetes trial | Latest News | News | Hemscott (http://www.hemscott.com/news/latest-news/item.do?newsId=57266947418002)
GW Pharmaceuticals reports encouraging results in Phase I diabetes trial
LONDON (Thomson Financial) - GW Pharmaceuticals PLC said that one of its cannabis-based compounds has shown encouraging results in a Phase I diabetes trial.
The company has started the preparations for a Phase II trial this year.
GW said the compound could be useful in treating other metabolism-related diseases.
In a separate statement this morning, GW reported narrower FY losses and said 2008 promises to be 'an eventful year'.
julian.hofmann@thomson.com jh1/vlb
GW Pharmaceuticals reports encouraging results in Phase I diabetes trial
LONDON (Thomson Financial) - GW Pharmaceuticals PLC said that one of its cannabis-based compounds has shown encouraging results in a Phase I diabetes trial.
The company has started the preparations for a Phase II trial this year.
GW said the compound could be useful in treating other metabolism-related diseases.
In a separate statement this morning, GW reported narrower FY losses and said 2008 promises to be 'an eventful year'.
julian.hofmann@thomson.com jh1/vlb