Cipla resolves funding dispute with Pulmatrix over asthma drug Pumazole
Pulmazole is an inhaled iSPERSE formulation of the antifungal drug itraconazole for the treatment of allergic bronchopulmonary aspergillosis (ABPA) in patients with asthma.
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New Delhi: US-based biopharmaceutical company Pulmatrix Inc on Tuesday said it has sorted out a funding dispute with drug major Cipla regarding Pumazole, an underdevelopment medication for asthma.
In 2019, Cipla and Pulmatrix Inc had inked a pact to co-develop a formulation for the treatment of allergic bronchopulmonary aspergillosis (ABPA) in patients with asthma. Cipla Technologies LLC, a subsidiary of the company, and Pulmatrix Inc had inked a definitive agreement for the co-development and commercialisation of Pulmazole.
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