Circassia Builds US Respiratory Presence with AstraZeneca Deal

Circassia has put memories of last year's Cat-SPIRE disappointment firmly behind it with a new deal with AstraZeneca for Tudorza and Duaklir in COPD that will allow it to concentrate on boosting its respiratory franchise.

Shares in UK biotech firm Circassia Pharmaceuticals PLC jumped by as much as 30% to 114 pence on the LSE on Mar. 17 on news that it had entered into a deal with AstraZeneca PLC to secure certain US commercial rights to two chronic obstructive pulmonary disease products (COPD), Tudorza (aclidinium bromide) and Duaklir (aclidinium bromide plus formoterol), for up $230m.

Circassia said the deal would "transform its product portfolio and commercial presence". It already markets the airway inflammation test Niox...

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