Circassia Pharma, an Oxford UK respiratory disease company, entered a $32.7 million agreement to acquire US and China marketing rights for AirNOvent, a nitric oxide product developed by US-based AIT Therapeutics. AirNOvent is a ventilator compatible nitric oxide product that is administered for respiratory failure associated with persistent pulmonary hypertension of newborns (PPHN). AIT, which also intends to seeks a second indication for AirNOvent, expects to apply for
Stock Symbol: (LSE: CIR)
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Original Article: Circassia Enter $35.7 Million Deal for US/China Rights to Neo-Natal Drug