Planned Development of QVM149 for Asthma
Vectura Group, confirms Novartis has announced plans to develop a new inhaled dry powder triple therapy for patients with moderate to severe asthma uncontrolled on standard ICS/LABA medication. Novartis will present this information at an Investor Event "Meet Novartis Management" in Boston, USA.
QVM149 is a fixed dose, once daily combination of the long-acting beta2-agonist (LABA) indacaterol, the long-acting muscarinic antagonist (LAMA) glycopyrronium bromide and the inhaled corticosteroid (ICS) mometasone fuorate.
First regulatory filings of QVM149 are planned for 2018.
Glycopyrronium bromide was licensed exclusively to Novartis in April 2005 by Vectura and its co-development partner Sosei.
Under the terms of the agreement with Novartis, Vectura is eligible to receive development, filing and approval milestones. In addition, Vectura will receive royalties on products sales in the event of a successful product launch.
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