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Pin to quick picksGlaxosmithkline Share News (GSK)

Share Price Information for Glaxosmithkline (GSK)

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Share Price: 1,775.00
Bid: 1,771.00
Ask: 1,771.50
Change: -8.50 (-0.48%)
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Open: 1,773.50
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Glaxo's Incruse Recommended For European Marketing Authorisation

Fri, 21st Feb 2014 07:31

LONDON (Alliance News) - GlaxoSmithKline PLC said Friday that Incruse, a treatment for chronic obstructive pulmonary disease, had been recommended for marketing authorisation by the European Medicines Agency's committee for Medical Products for Human Use, a key step in getting approval for the drug.

"The CHMP's decision brings us a step closer to offering physicians a further once-daily treatment choice for appropriate COPD patients," said Glaxo's President of Pharmaceuticals Research and Development Patrick Vallance in a statement. "We look forward to a final decision from the European Commission in the next few months."

Incruse is the proposed brand name of umeclidinium.

Glaxo said that Phase 3 clinical trials included both the investigation of umeclidinium as a monotherapy, as well as in a combined therapy with drug vilanterol under the proposed brand name Anoro.

On Thursday Anoro was also recommended for marketing authorisation by the committee. Glaxo expects a final decision on marketing authorisation for both Anoro and Incruse from the European Commission during the second quarter of 2014.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright © 2014 Alliance News Limited. All Rights Reserved.

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