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Discovery Labs' aerosol drug delivery system approved

Saturday, February 04 2012 | Comments
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Discovery Laboratories Inc. received approval from the Food and Drug Administration to market the firm's Afectair technology, which was developed to simplify the delivery of aerosolized drugs to patients who require ventilator support. Afectair is a disposable ventilator circuit/patient interface connector that makes it easier to deliver aerosolized treatments to critical care patients who need ventilatory support from intermittent mechanical ventilation or continuous positive airway...

Discovery Laboratories Inc. received approval from the Food and Drug Administration to market the firm's Afectair technology, which was developed to simplify the delivery of aerosolized drugs to patients who require ventilator support.

Afectair is a disposable ventilator circuit/patient interface connector that makes it easier to deliver aerosolized treatments to critical care patients who need ventilatory support from intermittent mechanical ventilation or continuous positive airway pressure.

Discovery Labs noted that more than an estimated 1.3 million patients in the United States and European Union receive aerosolized drugs each year while requiring ventilator support, according to national health statistics and market assessment data. The company's projections show that Afectair could generate revenue of approximately $50 million to $75 million.

The firm said it is implementing a business plan that might permit commercial introduction of the technology later this year.

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Tuesday, January 31 2012 | Comments
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Tags: Asthma


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Monday, January 23 2012 | Comments
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