Circassia makes massive gains on FDA's Duaklir approval

1 April 2019

UK biotech firm Circassia Pharmaceuticals was trading 19% higher as London trading neared its close on Monday.

The reason for the spike was the US Food and Drug Administration’s (FDA) approval of Duaklir (formoterol fumarate dihydrate/aclidinium bromide) for the maintenance treatment of chronic obstructive pulmonary disease (COPD).

Duaklir, which is set to be launched in the USA in the second half of the year, will join Tudorza (aclidinium bromide inhalation powder) in Circassia’s portfolio of US COPD products.

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