Circassia Builds US Respiratory Presence with AstraZeneca Deal

 
• By Alex Shimmings
  
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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.

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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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