Pharma Deals Review, Vol 2003, No 37 (2003)

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Bayer Buys Marketing Rights to GW Pharmaceuticals’ Cannabis-Based Treatment

Business Review Editor

Abstract


Bayer entered into an agreement with GW Pharmaceuticals to acquire exclusive US marketing rights to GW’s cannabis-based medicine, Sativex® for the pain-relief treatment for multiple sclerosis. Sativex® is in phase III clinical trials for the treatment of cancer pain and neuropathic pain. GW could receive US$41 M from Bayer if specific milestones are met.

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