GW Pharmaceuticals recognised for leadership in prescription cannabis-based medicines with prestigious Queen’s Award for Enterprise in Innovation

GW’s ground-breaking medicines development programme recognised for outstanding achievement in innovation with UK’s highest official award for British business

LONDON, April 29, 2021 (GLOBE NEWSWIRE) -- GW Pharmaceuticals plc (Nasdaq: GWPH) (“GW”, “the Company” or “the Group”), a world leader in discovering, developing and commercialising regulatory approved cannabis-based medicines, announces that it has received the Queen’s Award for Enterprise 2021 in the Innovation category, recognising GW’s innovative and ground-breaking work to harness cannabinoid science to create the world’s first regulatory approved, prescription cannabis-based medicines.

Since its inception in 1998, GW has successfully navigated significant barriers to enable the development, manufacture and commercialisation of regulatory approved cannabis-based medicines, leading the way in improving the lives of patients and families around the world. Globally, GW has invested more than £1.3 billion in the research, development and infrastructure needed to bring novel, innovative medicines to patients. With the majority of its staff located in the UK, GW employs more than 1,100 employees globally, all of whom strive every day to bring new, clinically proven medicines to patients experiencing significant unmet need.

“We are honoured to receive such a prestigious award for British businesses. When Dr Brian Whittle and I founded GW 23 years ago, our mission was to improve the lives of seriously ill patients by unlocking the potential of the cannabis plant through rigorous scientific investigations and extensive clinical trials in order to obtain regulatory approval for such medicines to benefit patients,” said Dr Geoffrey W Guy, GW Founder and Chairman. “Much of what is known about the medical uses of cannabis was discovered by GW. We have led the way in understanding cannabinoid science and how, if harnessed correctly and taken through the regulatory approval pathway, it has the potential to improve the lives of patients and their families. Today, I want to thank every employee, clinician, researcher, patient and caregiver for helping advance and achieve that mission.”