Tuesday, April 3, 2007

Glaxo's "son of Advair" takes shape as rivals snap

(Reuters) - LONDON, April 3 - GlaxoSmithKline Plc has taken a step forward in developing a successor to its top-seller Advair, as rivals snap at its dominant position in respiratory medicine.

Industry analysts said positive mid-stage trials with a new inhaled long-acting beta agonist , announced late on Monday by U.S. partner Theravance Inc , showed Glaxo's replacement for Advair was taking shape.


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