Wind at Verona's back ahead of late-stage COPD test
By noon on Tuesday, shares in UK-based Verona Pharma (AIM: VRP) were up by half, after the firm announced positive data from a Phase II trial in chronic obstructive pulmonary disease (COPD).
The respiratory disease specialist has been testing a formulation of ensifentrine, a single dose of which was administered by pressurized metered-dose inhaler (pMDI) in the trial, targeting moderate to severe COPD.
The data showed a statistically significant and clinically meaningful increase in lung function, compared to placebo.
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