Novartis and Vectura COPD drug candidate NVA237 filed for approval in Japan

28 November 2011

The Japanese subsidiary of Swiss drug major Novartis (NOVO: VX) has filed an application for sales and marketing approval of NVA237 (glycopyrronium bromide) for the treatment of adult patients with chronic obstructive pulmonary disease (COPD) in Japan. This was also good news for UK development partner Vectura (LSE: VEC), which saw its shares jump 11.3% to 59 pence on Friday when it was announced.

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