Teva Pushes For Progress On Asthma Rescue Inhaler

Firm Agrees Clinical Collaboration And Funding Deals For Respiratory Asset

Teva has struck a $150m strategic development funding agreement with Abingworth and a clinical collaboration agreement with Launch Therapeutics to accelerate development of a dual-action asthma rescue inhaler.

Asthma
Teva has struck a pair of deals to support its asthma rescue inhaler

Teva has made a further investment in one of its innovative assets after striking a $150m strategic development funding agreement with Abingworth and a clinical collaboration agreement with Launch Therapeutics to accelerate the development of a dual-action asthma rescue inhaler.

The proposed product – codenamed ICS-SABA/TEV-’248 – will benefit from “Launch Therapeutics’ innovative late-stage drug development model” as well as...

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