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Aerovance raises cash for inhaled Aerovant trials

 
• By Christopher Spillane

Aerovance has secured $38 million to support a Phase IIb clinical trial and future studies of its inhaled Aerovant in patients with uncontrolled asthma. The firm has already closed $20 million of the equity financing and can call the remaining $18 million after six months.

Aerovance has secured $38 million to support a Phase IIb clinical trial and future studies of its inhaled Aerovant in patients with uncontrolled asthma. The firm has already closed $20 million of the equity financing and can call the remaining $18 million after six months.

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