Circassia gets dual boost for US COPD drugs
PharmaPhorum | April 01, 2019
UK biotech Circassia has had two key decisions go in its favour with FDA, as the company continues with its efforts to rebuild its business after a series of disastrous allergy drug trial failures. However the success means Circassia is looking for ways to pay a series of fees due to AstraZeneca as part of a licensing deal. Circassia gave up on developing a series of drugs for cat, house dust mite, grass, and rag weed allergies after a series of trial flops earlier in the decade. The former darling of UK biotech had raised £200 million with an initial public offering (IPO) to develop the allergy drugs, but switched to a back-up plan by picking up US rights for two unwanted respiratory drugs from AstraZeneca in a deal signed two years ago. Tudorza and Duaklir are inhaled respiratory drugs for chronic obstructive pulmonary disease (COPD) – and at the time of the deal Tudorza (aclidinium bromide), a long-acting muscarinic agonist (LAMA) was already launched in the US and gained approval from the FDA in 2012.