Lung Disease Drug Testing Complete Global Approval Sought
The final stage of testing for a lung disease drug is finished, and GlaxoSmithKline (GSK) said it will seek global market approval, according to a Reuters report.
GSK said the drug, LAMA/LABA, showed positive results in patients with chronic obstructive pulmonary disease (COPD). The company plans to present the full results from four late-stage trials at future scientific meetings.
Reuters reports GSK wants to develop a successor to Advair, a lung drug that was reportedly worth $8 billion to the company. The wire service said the new next-gen drug will be going up against Pfizer's Spiriva and an experimental drug from Novartis, which could be worth $5 billion per year in sales.
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