Vectura partnership secures $375m COPD (chronic obstructive pulmonary disease) deal:
This article was originally published in Clinica
Executive Summary
As Clinica went to press today (April 13), UK drug-delivery company Vectura (Chippenham, Wiltshire) and Arakis, its partner in the development of a novel treatment for chronic obstructive pulmonary disease (COPD), announced a $375m global development and commercialisation deal with pharmaceutical giant Novartis. AD 237, a long-acting antimuscarinic agent for treating COPD, uses Vectura's PowderHale inhalation technology. The global COPD drug therapy market is currently worth an estimated $4bn per annum and is expected to grow to $10bn by 2010.