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Re: surf1944 post# 57

Wednesday, 10/30/2013 10:54:41 AM

Wednesday, October 30, 2013 10:54:41 AM

Post# of 62
9:02AM Theravance and GlaxoSmithKline (GSK) announce BREO ELLIPTA is now available to pharmacies throughout the U.S.; THRX agreed to make a milestone payment of $30 mln to GSK (THRX) :

GlaxoSmithKline plc (GSK) and Theravance (THRX) announced that BREO ELLIPTA, a once-daily prescription medicine for chronic obstructive pulmonary disease (COPD), is now available to pharmacies throughout the U.S.
BREO ELLIPTA is a combination of the inhaled corticosteroid (ICS), fluticasone furoate "FF", and the long-acting beta2-agonist (LABA), vilanterol "VI" (FF/VI 100/25 mcg). It is indicated for the long-term, once-daily, maintenance treatment of airflow obstruction in patients with COPD, including chronic bronchitis and/or emphysema. BREO ELLIPTA is also indicated to reduce exacerbations of COPD in patients with a history of exacerbations. BREO ELLIPTA is NOT indicated for the relief of acute bronchospasm or for the treatment of asthma.
Under the terms of its 2002 LABA collaboration agreement with GSK, Theravance agreed to make a milestone payment of $30 mln (USD) to GSK following the launch of BREO ELLIPTA in the U.S.

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