Cumberland Pharma expands pipeline with Boxaban progress
US drugmaker Cumberland Pharmaceuticals (Nasdaq: CPIX) is expanding its pipeline with a new Phase II development program.
The company has initiated the clinical development of Boxaban (ifetroban) oral capsule for the treatment of aspirin-exacerbated respiratory disease (AERD). Cumberland has completed manufacturing and received clearance from the US Food and Drug Administration for its Investigational New Drug submission and Phase II study associated with the product.
"Physicians and patients alike are eager for viable new treatment options for AERD to help relieve symptoms and restore quality of life. This ifetroban clinical program is a truly exciting development, supported by laboratory findings in animal models of the disease," said Andrew White, lead investigator for the trial and researcher from Scripps Clinic in San Diego, California.
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