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Vectura and Sosei receive milestone from Novartis

 
• By Simon Varcoe

Novartis is to enter the glycopyrronium bromide formulation, NVA237, into a Phase III study, triggering a milestone payment to Vectura and Sosei.

Novartis is to enter the glycopyrronium bromide formulation, NVA237, into a Phase III study, triggering a milestone payment to Vectura and Sosei.

NVA237 is a once-daily, long-acting muscarinic antagonist powder formulation for the oral inhalation of glycopyrronium bromide. Vectura and Sosei licensed the product to Novartis in April 2005 and Novartis plans...

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