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Industry Focus

Healthcare: GW Pharma Poised for First FDA Marijuana Approval

Industry Focus

The Motley Fool

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4.6854 Ratings

🗓️ 25 April 2018

⏱️ 18 minutes

🧾️ Download transcript

Summary

Promo: GW Pharmaceuticals scores a big thumbs up from a panel of FDA experts for its marijuana-based drug. Plus, Biogen pays a $1 billion dollars for expanded access to Ionis’ novel pipeline.

Transcript

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0:00.0

Support for Industry Focus comes from our friends at Rocket Mortgage by Quickened Loans.

0:04.0

Home plays a big role in your life.

0:05.8

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0:11.7

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0:14.9

To get started go to rocket mortgage.com slash fool.

0:20.4

Welcome to Industry Focus, the podcast that dies into a different sector of the stock market every day.

0:25.0

We're talking health care today, April 25th.

0:28.0

I'm your host, Christine Harjus.

0:29.0

My usual guest Todd Campbell is taking a well-deserved vacation so instead joining me in

0:33.9

studio today is Motley Fool health care analyst Shannon Jones. Shannon it's

0:38.1

the first time we've ever done a show together and I am thrilled to have you here.

0:41.2

Yes not nearly as thrilled as I am, Christine.

0:43.8

So excited to be here on the show with you today.

0:46.1

Awesome.

0:46.9

We're going to be digging into Biogen

0:48.6

and its most recent deal with IONAS.

0:50.4

But first, let's kick off with some discussion of a topic we heard some demand for on our Twitter account at

0:55.5

MF Industry Focus some developments for the largest cannabis-based drug maker GW Pharmaceuticals. Shannon, what is the latest?

1:04.3

Yeah, so last Thursday, April the 19th, 419, not 420,

1:10.8

GW Pharmaceuticals had an advisory committee meeting and that meeting actually turned out pretty well,

1:17.8

pretty in favor of the company.

...

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