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Novartis Gains Phase II COPD Agent In Deal Worth Up To $375 Mil.

This article was originally published in The Pink Sheet Daily

Executive Summary

Novartis will assume Phase III testing of anti-muscarinic from U.K. companies Vectura and Arakis. AD 237 will be evaluated in head-to-head comparison against Pfizer/Boehringer Ingelheim's Spiriva; companies believe AD 237 has a better safety profile than tiotropium.

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