Positive high-level results have been released from the MANDALA and DENALI Phase III trials of PT027 (albuterol/budesonide), at both 180/160mcg and 180/80mcg doses, showing the meeting of all primary endpoints and demonstrating statistically-significant benefits in patients with asthma versus individual components albuterol, also known as salbutamol (180mcg) and budesonide (160mg).
PT027 is a potential first-in-class inhaled, fixed-dose combination of albuterol, a short-acting beta2-agonist (SABA), and budesonide, an inhaled corticosteroid (ICS), being developed by Anglo-Swedish pharm major AstraZeneca (LSE: AZN) and Avillion, a drug development company focused on the co-development and financing of pharmaceutical candidates, from proof-of-concept through to regulatory approval.
This continues Avillion’s successful record in clinical co-development partnerships for the global pharmaceutical and biotech industry, including with Pfizer’s (NYSE: PFE) on Bosulif (bosutinib) and with German drugmaker Merck KGaA (MRK: DE) in plaque psoriasis.
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