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FDA Approves Glaxosmithkline Plc's Breo Ellipta To Treat Lung Disease Jointly Developed With Theravance Inc-DJ

Friday, 10 May 2013 11:46am EDT 

Dow Jones reported that the U.S. Food and Drug Administration approved a new drug that will be marketed by GlaxoSmithKline PLC to treat chronic obstructive pulmonary disease, or COPD. The drug, Breo Ellipta, is administered once-daily with an inhaler. The FDA's approval was expected after a federal advisory panel endorsed the product last month. Breo was developed by Theravance Inc. and GlaxoSmithKline. It has the potential to be a successor to Glaxo's Advair, which should be taken twice daily. Breo Ellipta combines the corticosteroid fluticasone with vilanterol, a new active ingredient. The FDA said the product isn't approved to treat asthma. 

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