A pharmaceutical manufacturing facility. Source: MGC Pharmaceuticals
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • MGC Pharmaceuticals (MXC) is granted a permit to import its refractory epilepsy treatment into the UK
  • CannEpil+ has also been approved for prescription for patients in the UK, marking the first time UK authorities have approved an epilepsy treatment that contains tetrahydrocannabinol (THC)
  • The company will initially provide the treatment to 10 patients in the UK on compassionate grounds and it will be recorded in an observational trial
  • MGC Pharma is up 10 per cent, trading at 6.6 cents at 12:55 pm AEST

MGC Pharmaceuticals (MXC) has been granted a permit to import its refractory epilepsy treatment into the UK.

CannEpil+ has been approved for UK import by the Medicine and Healthcare products Regulatory Agency, which was facilitated by its UK distribution and clinical access partner, Elite Pharmaco.

As part of this process, CannEpil+ has been approved for prescription for patients in the UK. This marks the first time UK authorities have approved an epilepsy treatment that contains tetrahydrocannabinol (THC).

Epilepsy affects around 600,000 people in the UK and roughly 50 million people worldwide, with approximately 33 per cent of adults suffering from refractory epilepsy which cannot be controlled with traditional anti-seizure medication.

CannEpil+ will initially be used to treat 10 patients in the UK who suffer from refractory epilepsy. The treatment will be provided free of charge to patients on compassionate grounds for six months.

Once the patients have started their treatment, CannEpil+ will undergo an observational trial with data being entered into a data collection app. The app has been designed to establish a central platform to monitor the safety of treatment in patients globally.

β€œThe approval for the import of CannEpil+ to the UK and the associated compassionate prescriptions is an important step towards our global roll out of the treatment, and our continued commitment to patients,” co-founder and Managing Director of MGC Pharma Roby Zomer said.

The company said it expected that the results from the observational data collection program would provide specialist neurologists and general practitioners confidence to prescribe the treatment to patients in urgent need of help.

The company believes the approval comes in response to the urgent need of some patients to have access to a clinical product which has demonstrated its efficacy at treating Refractory Epilepsy.

MGC Pharma was up 10 per cent, trading at 6.6 cents at 12:55 pm AEST.


MXC by the numbers
More From The Market Online

Inoviq closes the gap on blood test results for ovarian cancer

INOVIQ has announced encouraging blood test identification results for ovarian cancer – cancer-positive tests saw a…

Paradigm Biopharma on track to US Phase III osteo program

Paradigm Biopharma has announced its completion of a submission to the US FDA to progress to…

Firebrick Pharma’s US launch of Nasal Spray is nothing to be sneezed at

Australian pharmaceutical developer, Firebrick Pharma (ASX:FRE) has launched its latest product, Nasodine Nasal Spray, in the…