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Verona Tops Up Cashpile As Prospective Partners Circle

 
• By Kevin Grogan

GSK is looking to do some dealmaking in the respiratory space and fellow UK firm Verona, which has just inked a $400m loan ahead of an expected US approval for its chronic obstructive pulmonary disease candidate ensifentrine, seems a perfect partner.

Neon Light Sign Lungs Icon
• Source: Shutterstock

The major respiratory players weighing up M&A options will have noted with interest that Verona Pharma plc, arguably the field's most attractive takeover target, has secured hundreds of millions of dollars as its closely watched chronic obstructive pulmonary disease (COPD) drug ensifentrine moves closer to US approval.

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