Teva and Launch Thera to work together on respiratory candidate
A new collaboration has been agreed between Israel’s Teva Pharmaceutical Industries (NYSE/TASE: TEVA) and Launch Therapeutics, related to the candidate TEV-248, which combines fluticasone and albuterol.
A short-acting beta-agonist, the candidate is being developed for adults and children, to be delivered via Teva’s proprietary breath-activated, multi-dose dry powder inhaler.
This device is already used with other approved medicines in Teva’s respiratory product portfolio.
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