Aer To Address Unmet Need In Mucus Plug-High COPD
Phase I To Start This Year
The US biotech has closed a financing round aimed at advancing its novel mucolytic agent for a subtype of COPD with the hopes of tapping into a market of five million patients in the US alone.
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Emerging Company Profile: Backed by strong academic talent and a recent $80m fundraising, the US biotech is on a mission to address the unmet medical need in PD-L1 negative cancer by targeting the HHLA2 pathway.
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The major’s attempt to break into Crohn’s disease and ulcerative colitis has been cut short as a highly competitive market and pipeline, intensified by the entrance of biosimilars, renders further development of brazikumab impractical.