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In Brief: Glaxo Wellcome/British Biotech

Executive Summary

Glaxo Wellcome/British Biotech: Glaxo pulls out of development of British Biotech's oral formulation of lexipafant, a synthetic platelet-activating factor receptor antagonist/anti-inflammatory for asthma, after funding testing of the drug since 1992. British Biotech maintains full commercial rights to product and will continue to develop it for treatment of pancreatitis...
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