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16th March 2007 By Sarah Routledge -- GW Pharmaceuticals has signed Japanese
company Otsuka Pharmaceutical as a partner to help develop and market its cannabis-based
cancer pain drug Sativex.
The deal will see UK-based GW receive milestone payments of up to $273
million, including a signature fee of $18 million from Otsuka. In
addition, Otsuka will bear the costs of all US development activities
for Sativex. Otsuka will have an exclusive license to develop and market
Sativex in the US.
Sativex is in late stage development in the US for the treatment of pain
in patients with advanced cancer that has not been adequately relieved
by opioid medications, and is already approved in Canada for pain relief
in multiple sclerosis. GW and Otsuka currently plan for the first US
pivotal efficacy clinical trial to be a phase II/III cancer pain dose
ranging study, to commence this year.
The companies are also in discussions to start a cannabinoid research
collaboration in central nervous system disorders and cancer treatment.
Russell Portenoy, principal investigator of the first planned US Sativex
study, said: "Although opioids are highly effective analgesics, studies
suggest that as many as one-third of patients with pain due to advanced
cancer do not obtain adequate relief and new treatments are needed.
Cannabinoid formulations may represent an important option in the future
and the information obtained from clinical trials of Sativex will be
critical in defining their role."
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