AZ Centers Pearl As The Jewel Of Its Respiratory Franchise

The British pharma announced its proposed acquisition of Pearl Therapeutics, adding a late-stage COPD drug to its pipeline and a triple combo therapy to its mid-stage pipeline.

One week after pulling the plug on one of its few late-stage assets, AstraZeneca PLC has announced its intentions to acquire Pearl Therapeutics Inc. to get access to its late-stage chronic obstructive pulmonary disease treatment and its early-stage respiratory pipeline. The deal pleases analysts by fleshing out the larger company’s pipeline, but is still only a small step in its revitalization.

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