The company says it will be able to price its gum cheaper than a major competitor after securing a “significant” discount on cannabis made available by the Dutch government, which has a policy of promoting the drug for medicinal use.
To be sure, AXIM has a long way to go before its Medchew Rx gum – still in the pre-clinical stage of development – will be a viable alternative to an under-the-tongue spray developed by GW Pharmaceuticals Plc.
That spray, called Sativex, is already approved in 27 countries – though not the United States, where cannabis remains prohibited under federal law. [Read More Reuters]
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